Morning Technical Insight on These Auto Parts Stocks -- American Axle & Manufacturing, Aptiv, Autoliv, and BorgWarner
NEW YORK, March 29, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on AXL, APTV, ALV, and BWA which can be accessed for free by signing up to www.wallstequities.com/registration. Research reports have been issued by WallStEquities.com on four Auto Parts stocks, particularly, American Axle & Manufacturing Holdings Inc. (NYSE: AXL), Aptiv PLC (NYSE: APTV), Autoliv Inc. (NYSE: ALV), and BorgWarner Inc. (NYSE: BWA). According to a First Research report, economic expansion in emerging markets worldwide is expected to drive healthy growth in the Auto Manufacturing sector over the next several years, which should bolster demand for auto parts. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
American Axle & Manufacturing Holdings
Detroit, Michigan headquartered American Axle & Manufacturing Holdings Inc.'s shares saw a decline of 3.45%, finishing Wednesday's trading session at $14.83. A total volume of 2.10 million shares was traded. The stock is trading below its 50-day moving average by 8.27%. Moreover, shares of the Company, which together with its subsidiaries, designs, engineers, validates, and manufactures driveline, metal forming, powertrain, and casting products, have a Relative Strength Index (RSI) of 41.86.
On March 23rd, 2018, American Axle & Manufacturing announced the interim results of the previously announced tender offer and consent solicitation by its subsidiary, American Axle & Manufacturing, Inc. (the "Company"). As of 5:00 p.m. New York City time that day, a total of $383,094,000 principal amount of the Company's 6.25% senior notes due 2021 (CUSIP No. 02406P AM2) had been tendered and the related consents delivered. The tender offer will expire at 11:59 p.m. New York City time on April 09th, 2018, unless extended.
On March 27th, 2018, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy'. Get the full research report on AXL for free by clicking below at: www.wallstequities.com/registration/?symbol=AXL
Aptiv
On Wednesday, shares in Gillingham, the UK-based Aptiv PLC recorded a trading volume of 1.99 million shares, which was above their three months average volume of 1.76 million shares. The stock ended the session 1.79% lower at $82.82. The Company's shares have gained 23.02% over the past year. The stock is trading 0.82% below its 200-day moving average. Furthermore, shares of Aptiv, which together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets worldwide, have an RSI of 34.94. To experience our free membership services anytime/ anywhere and access the free report on APTV, click to register at: www.wallstequities.com/registration/?symbol=APTV
Autoliv
Shares in Stockholm, Sweden headquartered Autoliv Inc. closed at $142.12, down 3.70% from the last trading session. The stock recorded a trading volume of 798,495 shares, which was above its three months average volume of 622,990 shares. The Company's shares have gained 11.51% over the previous three months and 39.46% over the past year. The stock is trading 13.28% above its 200-day moving average. Additionally, shares of Autoliv, which through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry worldwide, have an RSI of 41.72.
On March 08th, 2018, Autoliv (ALV) was selected as supplier for Geely's Level 3 project, which includes ADAS electronic control units and software, radar systems, as well as mono vision and stereo vision camera systems. Geely selected ALV, including Zenuity, for its hardware and software capabilities and flawless execution in China. Join our big investor community at Wall St. Equities today and get your free report on ALV at: www.wallstequities.com/registration/?symbol=ALV
BorgWarner
Auburn Hills, Michigan headquartered BorgWarner Inc.'s stock ended 1.12% lower at $48.65 with a total trading volume of 1.14 million shares. The Company's shares have advanced 16.53% over the past year. The stock is trading below its 200-day moving average by 2.51%. Furthermore, shares of BorgWarner, which provides solutions for combustion, hybrid, and electric vehicles worldwide, have an RSI of 39.61.
On March 22nd, 2018, research firm Morgan Stanley upgraded the Company's stock rating from 'Underweight' to 'Overweight'.
On March 27th, 2018, BorgWarner debuted its Electro-Mechanical On-Demand (EMOD) transfer case on the 2019 Ram 1500 4x4 pickup truck. Building on the Company's proven Torque-On-Demand® clutching system, the new EMOD technology delivers faster response and higher torque output for better on- and off-road performance. For automakers, the scalable system offers easy traction calibration and integration for a variety of vehicles, from small SUVs to heavy-duty pickup trucks. Know more about BWA in our free research coverage at: www.wallstequities.com/registration/?symbol=BWA
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