LKQ Corporation (LKQ) managed to rebound with the stock climbing 1.96% or $0.6 to close the day at $31.24 on higher than average trading volume of 2.32M shares, compared to its three month average trading volume of 1.9M. The Chicago Illinois 60661 based company has been outperforming the auto parts companies by -2.266% for last three months and its recent losses have trimmed gains to 1.92% YTD, versus the auto parts industry which is up 2.94% for the same period. The RSI of 42.39 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
LKQ Corporation, together with its subsidiaries, distributes replacement parts, components, and systems used in the repair and maintenance of vehicles in the United States, the United Kingdom, and internationally. It operates in five segments: Wholesale – North America; Europe; Specialty; Glass; and Self Service. The company distributes various products, including aftermarket collision and mechanical products; recycled collision and mechanical products; and refurbished collision products, including wheels, bumper covers and lights, and remanufactured engines. It also offers recycled products, such as engines, transmissions, and door assemblies; sheet metal products comprising trunk lids, fenders and hoods, lights, and bumper assemblies; and refurbish products consisting of wheels, lights, plastic bumpers, and chrome bumpers, as well as heavy-duty truck products. In addition, the company sells scrap metal and other materials to recyclers; and extracts and sells the precious metals contained in various of recycled parts, such as catalytic converters. Further, it sells parts from older cars and light-duty trucks directly to consumers; and operates self service retail facilities that sell recycled automotive products from end-of-life-vehicles under the LKQ Pick Your Part name. Additionally, the company distributes and markets trucks and off-roads; speed and performance, and towing equipment and accessories; recreational vehicles; wheels, tires, and performance handling products; and miscellaneous accessories. It also manufactures and distributes automotive glass products; and distributes specialty vehicle aftermarket products and accessories. It primarily serves collision and mechanical repair shops, new and used car dealerships, metal recyclers, and specialty vehicle retailers and equipment installers, as well as retail customers. The company was founded in 1998 and is headquartered in Chicago, Illinois.
TEGNA Inc. (TGNA) had a active trading with around 2.31M shares changing hands compared to its three month average trading volume of 1.94M. The stock traded between $23.14 and $23.51 before closing at the price of $23.45 with 1.21% change on the day. The McLean Virginia 22107 based company is currently trading 31.74% above its 52 week low of $17.91 and -6.09% below its 52 week high of $25.38. Both the RSI indicator and target price of 67.25 and $24.57 respectively, lead us to believe that it should be put on hold over the coming weeks.
TEGNA Inc. engages in media and digital businesses in the United States. The company operates in two segments, Media and Digital. It operates 46 television stations that produce local programming, such as news, sports, and entertainment. The company also operates Cars.com, an online destination for automotive consumers that offers information about car shopping, selling, and servicing; CareerBuilder, which provides human capital solutions, such as employment data and labor market analysis software, talent management software, and other advertising and recruitment solutions; G/O Digital that provides digital marketing services for local businesses; and Cofactor, a digital marketing company that enable brands to deliver content. In addition, it offers advertising and marketing solutions. The company serves approximately 90 million customers through its broadcast and digital media platforms. The company was formerly known as Gannett Co., Inc. and changed its name to TEGNA Inc. in June 2015. TEGNA Inc. was founded in 1906 and is headquartered in McLean, Virginia.
3D Systems Corporation (DDD) traded within a range of $16.53 to $17.26 after opening the day at $16.52. The company has seen its stock increase in value by 29.04% so far this year. The stock was up close to 3.81% on light volume in last trading session and closed at $17.15 per share. After the recent gain, the stock is currently holding -13.21% below its 52 week high of $19.76 and 120.44% above its 12-month low of $8.31. The shares are up by over 26.47% in the last three months, and the RSI indicator value of 61.64 is neither bullish nor bearish, tempting investors to stay on the sidelines.
3D Systems Corporation, through its subsidiaries, provides 3D printing products and services worldwide. The company’s 3D printers transform data input generated by 3D design software, CAD software, or other 3D design tools into printed parts using a range of print materials, including plastic, metal, nylon, rubber, wax, and composite materials. It offers various 3D printing technologies, such as stereolithography, selective laser sintering, direct metal printing, multijet printing, colorjet printing, and plasticjet printing. The company also develops, blends, and markets various print materials, such as plastic, nylon, metal, composite, elastomeric, wax, and Class IV bio-compatible materials. It offers its printers under the Accura, DuraForm, LaserForm, CastForm, and VisiJet brand names. In addition, the company provides digital design tools, including software, scanners, and haptic devices, as well as products for product design, mold and die design, 3D scan-to-print, reverse engineering, and production machining and inspection. Further, it offers proprietary software and drivers that provide part preparation, part placement, support placement, build platform management, and print queue management; and 3D virtual reality simulators and simulator modules for medical applications, as well as digitizing scanners for medical and mechanical applications. Additionally, the company provides warranty, maintenance, and training services. It primarily serves companies and small and midsize businesses in a range of industries, including automotive, aerospace, government, defense, technology, electronics, education, consumer goods, energy, and healthcare. The company sells its products and services through its direct sales force, resellers, and channel partners and distributors. 3D Systems Corporation was founded in 1986 and is headquartered in Rock Hill, South Carolina.