LKQ Corporation (LKQ) : Traders are bullish on LKQ Corporation (LKQ) as it has outperformed the S&P 500 by a wide margin of 3.59% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.22%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.15% in the last 1 week, and is up 7.07% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 4.44% and the 50-Day Moving Average is 5.58%. LKQ Corp. is up 7.3% in the last 3-month period. Year-to-Date the stock performance stands at 16.06%.
LKQ Corporation (NASDAQ:LKQ): stock turned positive on Friday. Though the stock opened at $33.66, the bulls momentum made the stock top out at $34.51 level for the day. The stock recorded a low of $33.63 and closed the trading day at $34.39, in the green by 2.29%. The total traded volume for the day was 2,493,812. The stock had closed at $33.62 in the previous days trading.
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.