LKQ Corporation (LKQ) has risen sharply, recording gains of 4.75% in the past 4 weeks. However, the stock has corrected -1.53% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.68% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.9% and the 50-Day Moving Average is 4.86%. LKQ Corporation (NASDAQ:LKQ): On Fridays trading session , Opening price of the stock was $34.69 with an intraday high of $35.33. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $34.45. However, the stock managed to close at $34.65, a loss of 0.12% for the day. On the previous day, the stock had closed at $34.69. The total traded volume of the day was 1,255,275 shares.
The company Insiders own 1.3% of LKQ Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.85% . Institutional Investors own 89.62% of LKQ Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -4.18%.
LKQ Corporation is a distributor of vehicle products, including replacement parts, components and systems used in the repair and maintenance of vehicles, as well as specialty vehicle products and accessories. The company distributes a variety of products to collision and mechanical repair shops, including aftermarket collision and mechanical products, recycled collision and mechanical products, refurbished collision products such as wheels, bumper covers and lights, and remanufactured engines. It is a provider of alternative vehicle collision replacement products and alternative vehicle mechanical replacement products, with its sales, processing, and distribution facilities reaching markets in the United States and Canada. It also provides alternative vehicle replacement and maintenance products in the United Kingdom and the Benelux region of continental Europe. The Company is organized into four segments: Wholesale – North America; Wholesale – Europe; Self Service, and Specialty.