Stock Alert: Superior Industries Climbs 18% On Q1 Results

Shares of aluminum wheel manufacturer Superior Industries International Inc. (SUP) are up 18 percent on Wednesday’s trading as the company turned to profit in the first quarter.

In the first-quarter, the company reported net income of $13.1 million or $0.18 per share, compared to net loss of $190.1 million or $7.84 per share in the same period last year.

Quarterly sales rose to $358.2 million from $301.1 million in the year-ago period.

The stock is currently trading at $6.06, up $0.93 or 18 percent on the NYSE.

SUP has traded between $1.10 and $7.39 in the past 52 weeks.

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