American Axle & Manufacturing Holdings (AXL) Shares are Down -2.83%

American Axle & Manufacturing Holdings (AXL) : During the past 4 weeks, traders have been relatively bearish on American Axle & Manufacturing Holdings (AXL), hence the stock is down -1.11% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.19% relative to the S&P 500. The 4-week change in the price of the stock is -1.32% and the stock has fallen -2.83% in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 2.34% and the fifty day Moving Average is 4.46%. American Axle & Manufacturing Holdings Inc. is up 2.63% in the last three month period. Year-to-Date the stock performance stands at -9.29%.

American Axle & Manufacturing Holdings (AXL) : 9 investment research analysts covering American Axle & Manufacturing Holdings (AXL) have an average price target of $19.44 for the near short term. The highest target price given by the Brokerage Firm to the stock is $27 and the lowest target is $14 for the short term. Analysts expect the variance to be within $3.71 of the average price.


American Axle & Manufacturing Holdings (NYSE:AXL): stock turned positive on Friday. Though the stock opened at $17.11, the bulls momentum made the stock top out at $17.49 level for the day. The stock recorded a low of $17.01 and closed the trading day at $17.18, in the green by 0.41%. The total traded volume for the day was 947,999. The stock had closed at $17.11 in the previous days trading.

American Axle & Manufacturing Holdings, Inc. is an automotive supplier. The Company manufactures, engineers, designs and validates driveline and drivetrain systems and related components and chassis modules. The Company provides these components for light trucks, sport utility vehicles (SUVs), passenger cars, crossover vehicles and commercial vehicles. Driveline and drivetrain systems include components that transfer power from the transmission and deliver it to the drive wheels. Its driveline, drivetrain and related products include axles, driveheads, chassis modules, driveshafts, power transfer units, transfer cases, chassis and steering components, transmission parts, electric drive systems and metal-formed products. The Companys technologies include PowerLite axles, PowerDense gears and PowerFilm lubricant for passenger car, light truck and AWD applications. It operates in 13 countries and has 37 manufacturing, engineering and business office facilities across the world.

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