Pre-Market Technical Recap on Auto Parts Stocks -- Westport Fuel Systems, Autoliv, Lear, and Meritor
NEW YORK, October 31, 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. DailyStockTracker.com has redirected attention to the following equities: Westport Fuel Systems Inc. (NASDAQ: WPRT), Autoliv Inc. (NYSE: ALV), Lear Corp. (NYSE: LEA), and Meritor Inc. (NYSE: MTOR). As per a First Research report, demand for Auto Parts is driven by new car sales, which are strongly affected by interest rates and by the replacement market. Company profitability depends partly on the difficulty of manufacturing products and partly on demand volume since many costs are fixed. Daily Stock Tracker provides great insights on these stocks in its free research reports at:
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Westport Fuel Systems
Vancouver, Canada headquartered Westport Fuel Systems Inc.'s shares rose 3.02%, finishing Monday's trading session at $3.41. A total volume of 639,666 shares was traded. In the last month and the previous three months, the stock has advanced 4.28% and 109.20%, respectively. Additionally, the Company's shares have skyrocketed 201.77% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 12.73% and 85.43%, respectively. Moreover, 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 51.98.
On October 05th, 2017, research firm Lake Street reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $3 a share to $5 a share. Free research report on WPRT is available at:
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Autoliv
On Monday, shares in Stockholm, Sweden headquartered Autoliv Inc. recorded a trading volume of 364,378 shares, and ended the session 0.92% lower at $123.01. The stock has gained 13.73% over the previous three months and 8.71% on an YTD basis. The Company's shares are trading 3.59% above their 50-day moving average and 11.92% above their 200-day moving average. Furthermore, shares of Autoliv, which through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry worldwide, have an RSI of 51.94.
On October 12th, 2017, Autoliv announced that Adrian Lund will join the Autoliv Research Advisory Board in 2018. Dr. Lund is President of the Insurance Institute for Highway Safety and its affiliate, the Highway Loss Data Institute, in the United States. His research has spanned the range of driver, vehicle, and roadway factors involved in the safety of motor vehicle travel. The complimentary research report on ALV can be downloaded at:
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Lear
Shares in Southfield, Michigan headquartered Lear Corp. closed at $173.29, slightly down 0.94% from the last trading session. The stock recorded a trading volume of 470,976 shares. The Company's shares have gained 0.12% in the last one month, 18.51% over the previous three months, and 30.91% since the start of this year. The stock is trading 5.84% and 17.02% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Lear, which designs, develops, engineers, manufactures, assembles, and supplies automotive seating, electrical distribution systems, and related components primarily to automotive original equipment manufacturers worldwide, have an RSI of 56.08.
On October 02nd, 2017, Lear broke ground on a new seat manufacturing facility located on the former site of the historic Buick City complex in Flint, Mich. The Flint seating plant will be the first major automotive supplier manufacturing facility constructed in Flint in more than 30 years. Plans call for the 156,000-square-foot facility to begin production of seats by April 2018.
On October 26th, 2017, research firm RBC Capital Markets upgraded the Company's stock rating from 'Sector Perform' to 'Outperform' while revising its previous target price from $183 a share to $213 a share. Visit DailyStockTracker.com today and access our complete research report on LEA at:
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Meritor
Troy, Michigan headquartered Meritor Inc.'s stock ended 2.18% lower at $25.58 with a total trading volume of 1.41 million shares. The Company's shares have surged 49.24% over the previous three months and 105.96% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 8.18% and 39.62%, 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 52.96.
On October 23rd , 2017, Meritor announced the opening of its West Coast Aftermarket Distribution Center in Santa Fe Springs, California to fulfill aftermarket orders from warehouse distributors and dealers in 13 states. The facility stocks the complete Meritor Aftermarket brand portfolio for customers in Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming. All orders placed by 4:00 p.m. PT will ship the same day. Get free access to your research report on MTOR at:
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