Trade Motorcar Parts of America Inc - MPAA CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.08
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.02232 %(-$4.46)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.02232%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position0.00010 %($0.02)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: 0.00010%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.02232 %
  (-$4.46)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: 0.00010 %
  ($0.02)

Key Stats

• Prev. Close: 10.14
• Open: 10.05
• 1-Year Change: -40.43%
• Day's Range: 10.05 - 10.22

Trade Motorcar Parts of America Inc - MPAA

About Motorcar Parts of America, Inc.

Motorcar Parts of America, Inc. is a supplier of automotive aftermarket non-discretionary replacement parts and test solutions and diagnostic equipment. The replacement parts are sold to automotive retail chain stores and warehouse distributors throughout North America and to automobile manufacturers for both their aftermarket programs and warranty replacement programs, including Original Equipment Supplier (OES). The Company's products include rotating electrical products such as alternators and starters; wheel hub assemblies and bearings; brake-related products, which include brake calipers, brake boosters, brake rotors, brake pads, and brake master cylinders, and other products, which include turbochargers and test solutions and diagnostic equipment used for electric vehicle powertrain development. Its test solutions and diagnostic equipment serves automotive component and powertrain testing market.

Financial summary

BRIEF: For the nine months ended 31 December 2021, Motorcar Parts of America, Inc. revenues increased 31% to $486.4M. Net income decreased 63% to $7.7M. Revenues reflect Rotating electrical products segment increase of 20% to $338M, Brake-related products segment increase from $25.5M to $72.7M. Net income was offset by Foreign exchange impact of lease liab. increase from $16.4M (income) to $1.8M (expense).

Equity composition

Common Stk $.01 Par, 12/10, 20M auth., 12,081,671 issd., less 14,400 shs. in Tres. @ 89K. Insiders control 5.24%., PO 12/97, 1.55M shares (1.3M by Co.) @ $16.625 by Smith Barney. 9/99, Co. delisted from NASDAQ to OTC. 3/00 Summ. Q = 12 month number. 1/04, Name changed from Motorcar Parts & Accessories Inc.12/07, Exchange changed from OTC to NASDAQ.