American Axle & Manufacturing Holdings Inc (AXL) average volume reaches $1.57M: Is Wall Street expecting a rally?

On Friday, American Axle & Manufacturing Holdings Inc (NYSE: AXL) opened at On Friday, remained unchanged from the last session, before settling in for the closing price of $5.76. Price fluctuations for AXL have ranged from $5.43 to $8.98 over the past 52 weeks.

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Consumer Cyclical Sector giant saw their annual sales slid by -0.28% over the last five years. Company’s average yearly earnings per share was noted 587.00% at the time writing. With a float of $111.64 million, this company’s outstanding shares have now reached $117.60 million.

The firm has a total of 19000 workers. Let’s measure their productivity. 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 Activity

A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of American Axle & Manufacturing Holdings Inc is 5.06%, while institutional ownership is 93.98%.

American Axle & Manufacturing Holdings Inc (AXL) Earnings and Forecasts

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

Check out the current performance indicators for American Axle & Manufacturing Holdings Inc (AXL). In the past quarter, the stock posted 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 5.17.

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)

Analysing the last 5-days average volume posted by the [American Axle & Manufacturing Holdings Inc, AXL], we can find that recorded value of 1.46 million was lower than the volume posted last year of 1.56 million. As of the previous 9 days, the stock’s Stochastic %D was 31.30%. Additionally, its Average True Range was 0.23.

During the past 100 days, American Axle & Manufacturing Holdings Inc’s (AXL) raw stochastic average was set at 20.64%, which indicates a significant increase from 14.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.48% in the past 14 days, which was lower than the 38.10% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.28, while its 200-day Moving Average is $6.72. Now, the first resistance to watch is $5.83. This is followed by the second major resistance level at $5.89. The third major resistance level sits at $5.98. If the price goes on to break the first support level at $5.68, it is likely to go to the next support level at $5.59. Should the price break the second support level, the third support level stands at $5.53.

American Axle & Manufacturing Holdings Inc (NYSE: AXL) Key Stats

There are currently 117,581K shares outstanding in the company with a market cap of 677.27 million. Presently, the company’s annual sales total 6,080 M according to its annual income of -33,600 K. Last quarter, the company’s sales amounted to 1,505 M and its income totaled 10,000 K.