LKQ Corporation Looks to Continue to Trade Above its Annual-High Share Price Today

April 20, 2021 10:14:22

LKQ Corporation (NASDAQ:LKQ) traded at a new 52-week high today of $45.00. Approximately 307,000 shares have changed hands today, as compared to an average 30-day volume of 1.8 million shares.

LKQ Corporation (NASDAQ:LKQ) has potential upside of 2.1% based on a current price of $43.79 and analysts’ consensus price target of $44.73.

LKQ Corporation share prices have moved between a 52-week high of $45.00 and a 52-week low of $19.43 and are now trading 125% above that low price at $43.79 per share.

LKQ is a leading global distributor of non-OEM automotive parts. Initially formed in 1998 as a consolidator of auto salvage operations in the United States, it has since greatly expanded its scope to include distribution of new mechanical and collision parts, specialty auto equipment, and remanufactured and recycled parts in both Europe and North America. It still maintains its auto salvage business and owns over 75 LKQ pick- your-part junkyards. Separate from the self-service business, LKQ purchases over 300,000 salvage automobiles annually that are used to extract parts for resale. Globally, LKQ maintains approximately 1,700 facilities.

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