India, June 8 -- Motorcar Parts of America, Inc. (MPAA) shares soared 37.84 percent, gaining $4.01 to $14.60 on Monday after the automotive aftermarket parts supplier reported fourth-quarter results that showed a return to profitability on higher sales and operating income.
The stock is currently trading at $14.60, compared with its previous close of $10.59 on the Nasdaq. During the session, it opened at $14.01 and traded between $13.02 and $15.30. Trading volume reached 423,285 shares, well above its average volume of 75,877 shares.
Net sales increased to $212.3 million for the quarter ended March 31, 2026, from $193.1 million in the same period last year. Net income totaled $9.7 million, or $0.42 per share, compared with a net loss of $...