Fenix Parts Inc. (NASDAQ:FENX)’s share price traded down 1.6% during mid-day trading on Tuesday . The company traded as low as $3.71 and last traded at $3.74, with a volume of 83,351 shares traded. The stock had previously closed at $3.80.

A number of equities analysts have recently issued reports on the company. Zacks Investment Research downgraded Fenix Parts from a “hold” rating to a “sell” rating in a research report on Tuesday, August 23rd. BMO Capital Markets reaffirmed an “outperform” rating and set a $7.00 price objective (down previously from $8.00) on shares of Fenix Parts in a research report on Tuesday, July 5th.

The company’s market cap is $75.44 million. The firm’s 50 day moving average price is $4.48 and its 200 day moving average price is $4.38.

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Fenix Parts (NASDAQ:FENX) last released its quarterly earnings data on Tuesday, June 28th. The company reported ($1.97) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.01) by $1.96. Fenix Parts had a negative return on equity of 22.53% and a negative net margin of 61.73%. On average, analysts expect that Fenix Parts Inc. will post ($0.54) EPS for the current year.

A number of institutional investors have recently added to or reduced their stakes in FENX. Paloma Partners Management Co bought a new position in Fenix Parts during the second quarter worth $215,000. Sanders Morris Harris Inc. bought a new position in Fenix Parts during the first quarter worth $254,000. Geode Capital Management LLC raised its position in Fenix Parts by 6.7% in the first quarter. Geode Capital Management LLC now owns 83,793 shares of the company’s stock worth $385,000 after buying an additional 5,234 shares during the period. State Street Corp raised its position in Fenix Parts by 9.3% in the first quarter. State Street Corp now owns 134,502 shares of the company’s stock worth $618,000 after buying an additional 11,404 shares during the period. Finally, BlackRock Institutional Trust Company N.A. raised its position in Fenix Parts by 1.1% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 187,321 shares of the company’s stock worth $862,000 after buying an additional 2,080 shares during the period. 58.62% of the stock is currently owned by institutional investors.

Fenix Parts Company Profile

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.

5 Day Chart for NASDAQ:FENX

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