Fenix Parts (OTCMKTS:FENX) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a report issued on Friday.

Separately, Zacks Investment Research upgraded shares of Fenix Parts from a “strong sell” rating to a “hold” rating in a research note on Monday, September 18th.

Fenix Parts (FENX) traded down $0.01 during trading hours on Friday, reaching $0.34. 25,715 shares of the company’s stock traded hands, compared to its average volume of 27,785. Fenix Parts has a 52-week low of $0.34 and a 52-week high of $3.48.

A hedge fund recently bought a new stake in Fenix Parts stock. Alyeska Investment Group L.P. purchased a new position in shares of Fenix Parts, Inc. (OTCMKTS:FENX) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 834,909 shares of the auto parts company’s stock, valued at approximately $597,000. Alyeska Investment Group L.P. owned about 4.08% of Fenix Parts as of its most recent SEC filing. Hedge funds and other institutional investors own 4.66% of the company’s stock.

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About Fenix Parts

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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