Company Shares of American Axle & Manufacturing Holdings (NYSE:AXL) Rally 1.67%

American Axle & Manufacturing Holdings (NYSE:AXL) has been under a strong bear grip, hence the stock is down -8.88% 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 0.38% in the past 1 week. The stock has risen by 1.67% in the past week indicating that the buyers are active at lower levels, but the stock is down -7.41% in the past 4 weeks.

The company shares have dropped -27.15% from its 1 Year high price. On Nov 2, 2015, the shares registered one year high at $23.00 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $15.66 and the 200 Day Moving Average price is recorded at $15.24.

The stock has recorded a 20-day Moving Average of 0.34% and the 50-Day Moving Average is 2.58%.


American Axle & Manufacturing Holdings (NYSE:AXL): stock turned positive on Friday. Though the stock opened at $14.74, the bulls momentum made the stock top out at $15.4 level for the day. The stock recorded a low of $14.73 and closed the trading day at $15.24, in the green by 5.18%. The total traded volume for the day was 1,440,185. The stock had closed at $14.49 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Lynch Michael Joseph, officer (VP Drvlne Bus Perf & Cost Mgmt) of American Axle & Manufacturing Holdings Inc, had unloaded 5,531 shares at an average price of $15 in a transaction dated on May 23, 2016. The total value of the transaction was worth $82,965.

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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