Fenix Parts Inc. (FENX) Stock Price Up 3.8%
Fenix Parts Inc. (NASDAQ:FENX) rose 3.8% on Monday . The stock traded as high as $4.61 and last traded at $4.60, with a volume of 73,323 shares traded. The stock had previously closed at $4.43.
Several research analysts have recently commented on the company. BMO Capital Markets reissued an “outperform” rating and issued a $7.00 price target (down from $8.00) on shares of Fenix Parts in a research report on Tuesday, July 5th. Zacks Investment Research lowered Fenix Parts from a “hold” rating to a “sell” rating in a research report on Monday, July 4th.
The company’s market capitalization is $91.80 million. The company has a 50-day moving average of $4.33 and a 200-day moving average of $4.43.
Fenix Parts (NASDAQ:FENX) last posted its quarterly earnings results on Tuesday, June 28th. The company reported ($1.97) EPS for the quarter, missing the consensus estimate of ($0.01) by $1.96. On average, equities research analysts anticipate that Fenix Parts Inc. will post ($0.54) earnings per share for the current year.
An institutional investor recently raised its position in Fenix Parts stock. Jennison Associates LLC raised its stake in Fenix Parts Inc. (NASDAQ:FENX) by 6.7% during the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 1,873,498 shares of the company’s stock after buying an additional 117,930 shares during the period. Jennison Associates LLC owned 9.28% of Fenix Parts worth $12,721,000 at the end of the most recent reporting period.
Fenix Parts, Inc is engaged in auto recycling business. The Company recovers and resells original equipment manufacturer (OEM) parts, components and systems, such as engines, transmissions, radiators, trunks, lamps and seats reclaimed from damaged, totaled or low value vehicles. The Company operates through Automobile Recycling segment.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.