Company Shares of Axalta Coating Systems Ltd. (NYSE:AXTA) Rally 3.5%

Axalta Coating Systems Ltd. (NYSE:AXTA) has been under a strong bear grip, hence the stock is down -4.16% 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 2.2% in the past 1 week. The stock has risen by 3.5% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.62% in the past 4 weeks.

The company shares have dropped -17.99% from its 1 Year high price. On Jul 15, 2015, the shares registered one year high at $33.50 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $27.39 and the 200 Day Moving Average price is recorded at $26.89.

The stock has recorded a 20-day Moving Average of 0.51% and the 50-Day Moving Average is 1.99%.


Axalta Coating Systems Ltd. (NYSE:AXTA): stock turned positive on Friday. Though the stock opened at $26.97, the bulls momentum made the stock top out at $27.39 level for the day. The stock recorded a low of $26.82 and closed the trading day at $27.17, in the green by 1.84%. The total traded volume for the day was 1,478,742. The stock had closed at $26.68 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Finn Michael F., officer (SVP & General Counsel) of Axalta Coating Systems Ltd., had unloaded 1,315 shares at an average price of $27.95 in a transaction dated on May 13, 2016. The total value of the transaction was worth $36,754.

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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