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Spartan Motors, Inc. Breaks Above 200-Day Moving Average - Bullish for SPAR

By Market News Video Staff, Thursday, July 7, 1:32 PM ET
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In trading on Thursday, shares of Spartan Motors, Inc. (NASDAQ:SPAR) crossed above their 200 day moving average of $5.72, changing hands as high as $5.76 per share. Spartan Motors, Inc. shares are currently trading up about 4% 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 $5.77.

SPAR operates in the Auto Parts sector, among companies like China Automotive Systems Inc (NASDAQ:CAAS) which is off about 1.6% today, and Tower International Inc (NYSE:TOWR) trading higher by about 0.2%. Below is a three month price history chart comparing the stock performance of SPAR, versus CAAS and TOWR.

SPAR,CAAS,TOWR Relative Performance Chart


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