Axalta Coating Systems Ltd. (AXTA) Shares are Up 0.93%

Axalta Coating Systems Ltd. (AXTA) has been under a strong bear grip, hence the stock is down -1.89% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.76% in the past 1 week. The stock has risen by 0.93% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.42% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.85% and the 50-Day Moving Average is 0.3%.The 200 Day SMA reached 3.81%


Axalta Coating Systems Ltd. (NYSE:AXTA): After opening at $28.11, the stock dipped to an intraday low of $28.07 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $28.4 and the buying power remained strong till the end. The stock closed at $28.27 for the day, a gain of 1.22% for the day session. The total traded volume was 1,703,180. The stocks close on the previous trading day was $28.27.

Axalta Coating Systems Ltd. (AXTA) : Currently there are 9 street experts covering Axalta Coating Systems Ltd. (AXTA) stock. The most bullish and bearish price target for the stock is $37 and $29 respectively for the short term. The average price target of all the analysts comes to $33.78. The estimated standard deviation from the target is $2.49.

Axalta Coating Systems Ltd. is a manufacturer, marketer and distributor of coatings systems primarily serving the transportation industry. The Company operates in two business segments: Performance Coatings and Transportation Coatings. Through its Performance Coatings segment, the Company provides liquid and powder coatings solutions to a fragmented and local customer base. Through its Transportation Coatings segment, the Company provides advanced coating technologies to original equipment manufacturer (OEMs) of light and commercial vehicles. Its products are offered in four key end-markets, including the refinish automotive aftermarket, industrial, light vehicle or automotive original equipment manufacturers (OEM) market, and commercial vehicle market. The Companys products include liquid and powder coatings for motor vehicles OEMs, the motor vehicle aftermarket, and general industrial applications, such as coatings for heavy equipment, pipes, appliances and electrical insulation.

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