Motorcar Parts of America (MPAA) Scheduled to Post Earnings on Tuesday

Motorcar Parts of America (NASDAQ:MPAA) is set to release its earnings data before the market opens on Tuesday, November 12th. Parties that are interested in registering for the company’s conference call can do so using this link.

Motorcar Parts of America (NASDAQ:MPAA) last released its earnings results on Thursday, August 8th. The auto parts company reported ($0.37) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.39). The business had revenue of $169.89 million for the quarter, compared to analyst estimates of $172.50 million. Motorcar Parts of America had a negative return on equity of 0.93% and a negative net margin of 9.06%.

Motorcar Parts of America Stock Up 2.7 %

MPAA opened at $6.16 on Monday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.38 and a quick ratio of 0.35. Motorcar Parts of America has a 12 month low of $4.36 and a 12 month high of $10.40. The stock has a market capitalization of $121.66 million, a P/E ratio of -1.79 and a beta of 1.44. The business has a 50 day simple moving average of $6.07 and a 200-day simple moving average of $5.92.

Insiders Place Their Bets

In related news, major shareholder 325 Capital Llc bought 16,608 shares of the firm’s stock in a transaction on Tuesday, August 27th. The shares were bought at an average cost of $6.73 per share, for a total transaction of $111,771.84. Following the transaction, the insider now owns 1,984,990 shares of the company’s stock, valued at approximately $13,358,982.70. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. 6.70% of the stock is currently owned by company insiders.

About Motorcar Parts of America

Motorcar Parts of America, Inc manufactures, remanufactures, and distributes heavy-duty truck, industrial, marine, and agricultural application replacement parts in the United States. The company offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; and brake-related products comprising brake calipers, brake boosters, brake rotors, brake pads, and brake master cylinders.