BorgWarner Inc. (NYSE:BWA) traded at a new 52-week high today of $50.46. Approximately 1.7 million shares have changed hands today, as compared to an average 30-day volume of 2.8 million shares.
BorgWarner is a Tier I auto-parts supplier that has two operating segments. The engine group makes turbochargers, emissions system components, timing chains, and other items that enhance fuel efficiency and reduce emissions. Drivetrain group produces rotating electrical components, power electronics, control modules, transmission components, and four-wheel-drive/all-wheel-drive system components that facilitate the distribution of engine torque to the wheels. The acquisition of Delphi adds fuel-injection as well as inverter/converter and electronic control modules for electrified powertrain.
BorgWarner Inc. (NYSE:BWA) is currently priced 3.0% above its average consensus analyst price target of $48.91.
In the past 52 weeks, BorgWarner Inc. share prices are bracketed by a low of $17.00 and a high of $50.46 and is now at $50.41, 197% above that low price.
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