American Axle & Manufacturing Holdings Inc (NYSE: AXL) kicked off on Tuesday, remained unchanged from the previous trading day, before settling in for the closing price of $4.56. Over the past 52 weeks, AXL has traded in a range of $4.39-$7.98.
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A company in the Consumer Cyclical sector has dropped its sales by -0.07% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 5.73%. With a float of $107.95 million, this company’s outstanding shares have now reached $117.60 million.
In an organization with 19000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 11.29%, operating margin of 3.92%, and the pretax margin is 1.03%.
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 8.19%, while institutional ownership is 101.00%.
American Axle & Manufacturing Holdings Inc (AXL) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 5.73% 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 1.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.09. Likewise, its price to free cash flow for the trailing twelve months is 2.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.29, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.66 in one year’s time.
Technical Analysis of American Axle & Manufacturing Holdings Inc (AXL)
Let’s dig in a bit further. During the last 5-days, its volume was 2.08 million. That was inferior than the volume of 2.43 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 37.50%. 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 6.44%, which indicates a significant decrease from 18.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.58% in the past 14 days, which was lower than the 50.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.25, while its 200-day Moving Average is $6.19. However, in the short run, American Axle & Manufacturing Holdings Inc’s stock first resistance to watch stands at $4.66. Second resistance stands at $4.75. The third major resistance level sits at $4.83. If the price goes on to break the first support level at $4.48, it is likely to go to the next support level at $4.40. The third support level lies at $4.30 if the price breaches the second support level.
American Axle & Manufacturing Holdings Inc (NYSE: AXL) Key Stats
The company with the Market Capitalisation of 536.17 million has total of 117,581K Shares Outstanding. Its annual sales at the moment are 6,125 M in contrast with the sum of 33,800 K annual income. Company’s last quarter sales were recorded 1,381 M and last quarter income was -14,200 K.
