American Axle & Manufacturing Holdings Inc. (NYSE:AXL) traded today at a new 52-week high of $11.66. This new high was reached on below average trading volume as 686,000 shares traded hands, while the average 30-day volume is approximately 2.1 million shares.
American Axle & Mfg Holdings Inc is engaged in manufacturing, engineering, designing and validation of driveline systems and related components and chassis modules for light trucks, SUVs, crossover vehicles, passenger cars and commercial vehicles. Its product portfolio consist of vehicle architectures, driveline systems, drivetrain systems, powertrain components, chassis system components, and metal formed products. The Company generates majority of its revenue from the United States.
Over the past year, American Axle & Manufacturing Holdings Inc. has traded in a range of $2.50 to $11.66 and is now at $11.59, 364% above that low.
American Axle & Manufacturing Holdings Inc. (NYSE:AXL) defies analysts with a current price ($11.59) 13.4% above its average consensus price target of $10.04.
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