MGDDY stock forecast, quote, news & analysis

The most notable companies in this group are Goodyear Tire & Rubber Company (The) (NASDAQ:GT).

OEM or Original Equipment Manufacturer of auto parts refers to the original producer of a vehicles components, and so OEM car parts are usually identical to the parts used in producing the vehicle in the first place. OEM parts tend to fit the specifications of a particular model, and their compatibility is often guaranteed by the automaker itself. OEM parts could be more expensive to buy (compared to other vendors’ products) when a consumer goes for replacement. However, increased competition from aftermarket parts/third-party vendors could, in some cases, keep EOM prices in check. The industry might progress further in adopting newer technologies like 3D printing to boost supply chain performance and quality. Aptiv PLC, Magna International Inc. and BorgWarner Inc. are major OEMs for autos.

The average market capitalization across the Auto Parts: OEM Industry is 5.44B. The market cap for tickers in the group ranges from 206 to 52.56B. DNZOY holds the highest valuation in this group at 52.56B. The lowest valued company is JBZY at 206.

The average weekly price growth across all stocks in the Auto Parts: OEM Industry was -3%. For the same Industry, the average monthly price growth was -4%, and the average quarterly price growth was 34%. AMTY experienced the highest price growth at 15%, while SES experienced the biggest fall at -28%.

The average weekly volume growth across all stocks in the Auto Parts: OEM Industry was 1%. For the same stocks of the Industry, the average monthly volume growth was 47% and the average quarterly volume growth was 83%