(MPAA) Motorcar Parts of America - Ratings and Ratios

Motorcar Parts of America, Inc. is a leading manufacturer, remanufacturer, and distributor of replacement parts for heavy-duty vehicles and industrial applications in the United States, catering to a diverse customer base including automotive retail chain stores, warehouse distributors, and automobile manufacturers.

The companys product portfolio encompasses a wide range of components, including rotating electrical products such as alternators and starters, wheel hub assemblies and bearings, brake-related products, turbochargers, and test solutions for electric and combustion engine vehicles. This diversified product offering enables the company to capitalize on the growing demand for aftermarket replacement parts in the heavy-duty truck, industrial, marine, and agricultural sectors.

With a presence in North America and a history dating back to 1968, Motorcar Parts of America has established itself as a reliable supplier of high-quality replacement parts. The companys commitment to innovation is reflected in its development of test solutions and diagnostic equipment for electric vehicles, as well as software emulation of power systems applications for the electrification of transportation.

Analyzing the companys , we observe a bullish trend, with the stock price currently trading above its 20-day and 50-day simple moving averages (SMA20: 9.27, SMA50: 9.63). The stocks 200-day simple moving average (SMA200: 7.60) indicates a longer-term uptrend. The Average True Range (ATR: 0.60) suggests a moderate level of volatility, with a 5.94% daily price movement. Given the current price of 10.16 and the 52-week high of 11.60, we can anticipate a potential resistance level around the 52-week high.

From a fundamental perspective, Motorcar Parts of Americas reveals a market capitalization of 179.98M USD and a forward price-to-earnings ratio of 9.29. Although the companys return on equity (RoE) is currently negative (-6.45), this may be a temporary setback. Considering the companys diversified product portfolio and growing demand for aftermarket replacement parts, we can forecast a potential rebound in the companys financial performance.

Combining the insights from and , we forecast that Motorcar Parts of Americas stock price may continue its upward trend, potentially reaching the 52-week high of 11.60 in the near term. However, investors should be cautious of the moderate volatility and potential resistance at the 52-week high. A break above this level could lead to further gains, while a failure to do so may result in a pullback.