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Spartan Motors, Inc. Breaks Below 200-Day Moving Average - Bearish for SPAR

By Market News Video Staff, Monday, May 16, 2:06 PM ET
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In trading on Monday, shares of Spartan Motors, Inc. (NASDAQ:SPAR) crossed below their 200 day moving average of $5.61, changing hands as low as $5.59 per share. Spartan Motors, Inc. shares are currently trading down about 1.1% on the day. The chart below shows the one year performance of SPAR shares, versus its 200 day moving average:

Spartan Motors, Inc. 200 Day Moving Average Chart

Looking at the chart above, SPAR's low point in its 52 week range is $3.61 per share, with $7.57 as the 52 week high point that compares with a last trade of $5.62.

SPAR operates in the Auto Parts sector, among companies like Standard Motor Products, Inc. (NYSE:SMP) which is up about 0.1% today, and Tower International Inc (NYSE:TOWR) trading higher by about 1.7%. Below is a three month price history chart comparing the stock performance of SPAR, versus SMP and TOWR.

SPAR,SMP,TOWR Relative Performance Chart


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