American Axle & Manufacturing Holdings Inc (NYSE: AXL) kicked off on Friday, down -1.87% from the previous trading day, before settling in for the closing price of $5.89. Over the past 52 weeks, AXL has traded in a range of $5.43-$8.99.
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Annual sales at Consumer Cyclical sector company slipped by -2.26% over the past five years. While this was happening, its average annual earnings per share was recorded 587.00%. With a float of $111.64 million, this company’s outstanding shares have now reached $117.60 million.
Let’s look at the performance matrix of the company that is accounted for 19000 employees. In terms of profitability, gross margin is 10.7%, operating margin of 3.79%, and the pretax margin is 0.91%.
American Axle & Manufacturing Holdings Inc (AXL) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Auto Parts Industry. The insider ownership of American Axle & Manufacturing Holdings Inc is 5.06%, while institutional ownership is 93.96%.
American Axle & Manufacturing Holdings Inc (AXL) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 587.00% per share during the next fiscal year.
American Axle & Manufacturing Holdings Inc (NYSE: AXL) Trading Performance Indicators
Take a look at American Axle & Manufacturing Holdings Inc’s (AXL) current performance indicators. Last quarter, stock had a quick ratio of 1.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.11. Likewise, its price to free cash flow for the trailing twelve months is 5.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.24, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach 0.48 in one year’s time.
Technical Analysis of American Axle & Manufacturing Holdings Inc (AXL)
American Axle & Manufacturing Holdings Inc (NYSE: AXL) saw its 5-day average volume 2.1 million, a positive change from its year-to-date volume of 1.58 million. As of the previous 9 days, the stock’s Stochastic %D was 3.95%. Additionally, its Average True Range was 0.26.
During the past 100 days, American Axle & Manufacturing Holdings Inc’s (AXL) raw stochastic average was set at 17.41%, which indicates a significant increase from 3.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.18% in the past 14 days, which was lower than the 43.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.33, while its 200-day Moving Average is $6.75. Nevertheless, the first resistance level for the watch stands at $5.98 in the near term. At $6.18, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.30. If the price goes on to break the first support level at $5.66, it is likely to go to the next support level at $5.54. The third support level lies at $5.34 if the price breaches the second support level.
American Axle & Manufacturing Holdings Inc (NYSE: AXL) Key Stats
The company with the Market Capitalisation of 666.93 million has total of 117,581K Shares Outstanding. Its annual sales at the moment are 6,080 M in contrast with the sum of -33,600 K annual income. Company’s last quarter sales were recorded 1,505 M and last quarter income was 10,000 K.
