Stock in Wall Street Spotlight: Standard Motor Products, Inc. (NYSE: SMP)

On 27 Sep 2019, Standard Motor Products, Inc. (NYSE: SMP) changed 1.40% to recent value of $47.9. The stock transacted 51476 shares during most recent day however it has an average volume of 87.09K shares. It spotted trading -15.28% off 52-week high price. On the other end, the stock has been noted 13.97% away from the low price over the last 52-weeks. 

Standard Motor Products, Inc. (SMP) declared the winner of its ‘Shop Team Selfie’ Challenge: Snowfire Auto LTD of Waterbury, VT. For their prize, Snowfire Auto will receive $5,000 towards a shop appreciation event.

To enter the contest, applicants were asked to upload a selfie of their team to Facebook, Twitter, or Instagram adding the hashtag #MyShopTeamSelfie. The competition was open to legal residents of the 50 United States, the District of Columbia, and parts of Canada.

Commenting on the announcement, Jack Ramsey, Vice President Engine Management Marketing and Sales, SMP, stated, “It’s a privilege to support shop teams that work hard to get the job done every day. We’re excited to present Snow-fire Auto with $5,000 for an appreciation event that benefits their entire team.”

SMP has a gross margin of 28.80% and an operating margin of 8.10% while its profit margin remained 4.50% for the last 12 months. Its earnings per share (EPS) expected to touch remained -5.90% for this year while earning per share for the next 5-years is expected to reach at 7.00%.  The company has 22.5M of outstanding shares and 20.95M shares were floated in the market. According to the most recent quarter its current ratio was 1.5 that represents company’s ability to meet its current financial obligations. The price moved ahead of 0.68% from the mean of 20 days, 4.14% from mean of 50 days SMA and performed 0.45% from mean of 200 days price. Company’s performance for the week was 0.57%, 9.74% for month and YTD performance remained -1.09%.

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