Initiating Research Reports on Auto Parts Equities -- Westport Fuel Systems, Autoliv, Lear, and Meritor
NEW YORK, September 27, 2017 /PRNewswire/ --
If you want a Stock Review on WPRT, ALV, LEA, or MTOR then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. This morning, DailyStockTracker.com monitors the following Auto Parts stocks: Westport Fuel Systems Inc. (NASDAQ: WPRT), Autoliv Inc. (NYSE: ALV), Lear Corp. (NYSE: LEA), and Meritor Inc. (NYSE: MTOR). The Auto Parts and Equipment Manufacturing and Sales industry is cyclical and sensitive to general economic conditions. Few key drivers for this industry are new car sales, shift in the trend from light combustion vehicles to hybrid electric vehicles, technological advancement, changes in interest rates, and oil prices. This morning's free research reports on the aforesaid equities are available upon registration on DailyStockTracker.com at:
http://dailystocktracker.com/register/
Westport Fuel Systems
Vancouver, Canada headquartered Westport Fuel Systems Inc.'s stock finished Tuesday's session 4.41% higher at $2.84 with a total trading volume of 1.03 million shares. The Company's shares have advanced 22.41% in the past month, 16.39% over the previous three months, and 151.33% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 27.82% and 80.73%, respectively. Furthermore, shares of the Company, which provides low-emission engine and fuel system technologies utilizing gaseous fuels in North America, Europe, Asia, and South America, have a Relative Strength Index (RSI) of 65.29. Visit us today and access our complete research report on WPRT at:
http://dailystocktracker.com/registration/?symbol=WPRT
Autoliv
Shares in Stockholm, Sweden headquartered Autoliv Inc. ended at $124.80, up 0.19% from the last trading session. The stock recorded a trading volume of 622,035 shares, which was above its three months average volume of 502,410 shares. The Company's shares have gained 17.70% in the last one month, 15.99% in the previous three months, and 10.30% on an YTD basis. The stock is trading 12.00% above its 50-day moving average and 15.22% above its 200-day moving average. Moreover, shares of Autoliv have an RSI of 72.97.
On September 14th, 2017, Autoliv announced that its Board of Directors has instructed management to conduct a strategic review of the Company's operating structure with the intent to create separate companies of its current business segments: Passive Safety and Electronics. The intent is to create two publicly traded companies capable of addressing two distinct, growing markets with leading product offerings and thereby create additional value for shareholders, customers, and other stakeholders as compared to the current, combined structure of the Company.
On September 15th, 2017, research firm Buckingham Research upgraded the Company's stock rating from 'Underperform' to 'Neutral'. The complimentary report on ALV can be downloaded at:
http://dailystocktracker.com/registration/?symbol=ALV
Lear
Southfield, Michigan headquartered Lear Corp.'s stock ended yesterday's session 0.02% higher at $172.60. A total volume of 862,607 shares was traded, which was above their three months average volume of 676,650 shares. The Company's shares have advanced 19.41% in the past month, 24.95% over the previous three months, and 30.39% on an YTD basis. The stock is trading 14.65% and 20.21% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Lear have an RSI of 81.49.
On September 18th, 2017, Lear announced that it will hold a conference call to review the Company's Q3 2017 financial results and related matters on October 25th, 2017 at 9:00 a.m. ET. The live audio webcast of the call can be accessed on the Company's corporate website.
On September 26th, 2017, research firm Buckingham Research downgraded the Company's stock rating from 'Buy' to 'Neutral'. Register for free on DailyStockTracker.com and access the latest research report on LEA at:
http://dailystocktracker.com/registration/?symbol=LEA
Meritor
On Tuesday, shares in Troy, Michigan headquartered Meritor Inc. recorded a trading volume of 2.35 million shares, which was above their three months average volume of 1.40 million shares. The stock finished 0.42% higher at $26.34. The Company's shares have surged 39.88% in the last one month, 69.50% in the previous three months, and 112.08% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 33.08% and 57.43%, respectively. Furthermore, shares of Meritor, which designs, develops, manufactures, markets, distributes, sells, services, and supports integrated systems, modules, and components to original equipment manufacturers and the aftermarket for the commercial vehicle, transportation, and industrial sectors worldwide, have an RSI of 85.35.
On September 05th, 2017, research firm Buckingham Research initiated a 'Buy' rating on the Company's stock, with a target price of $25 per share.
On September 18th, 2017, Meritor announced that the Company has signed a definitive agreement to sell its interest in the Meritor WABCO joint venture with WABCO Holdings Inc. (WABCO) to WABCO. The total purchase price for the sale is $250 million, and Meritor will also receive a final partnership distribution immediately prior to the closing. The transaction is expected to close on October 01st, 2017. Get free access to your research report on MTOR at:
http://dailystocktracker.com/registration/?symbol=MTOR
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