Fenix Parts Inc (NASDAQ:FENX) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Monday, July 24th.
According to Zacks, “Fenix Parts, Inc. is a recycler and reseller of original equipment manufacturer automotive products primarily in the United States and Canada. The company’s primary business includes auto recycling, which is the recovery and resale of OEM parts, components and systems reclaimed from damaged, totaled or low value vehicles. It serves collision repair shops, mechanical repair shops, auto dealerships and individual retail customers. Fenix Parts, Inc. is headquartered in Miami, Florida. “
Shares of Fenix Parts (FENX) opened at 0.80 on Monday. The company has a 50-day moving average price of $0.56 and a 200 day moving average price of $1.31. The firm’s market capitalization is $16.03 million. Fenix Parts has a 52-week low of $0.40 and a 52-week high of $5.38.
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About Fenix Parts
Fenix Parts, Inc is engaged in auto recycling business. The Company recovers and resells original equipment manufacturer (OEM) parts, components and systems, such as engines, transmissions, radiators, trunks, lamps and seats reclaimed from damaged, totaled or low value vehicles. The Company operates through Automobile Recycling segment.
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