NEW YORK, December 29, 2016 /PRNewswire/ --
On Wednesday, US markets were deep in bearish territories with all nine sectors trading in red at the closing bell. Major US indices were also in negative zone with the NASDAQ Composite ending the trading session down 0.89%; the Dow Jones Industrial Average edging 0.56% lower; and the S&P 500 closing down 0.84%. Considering yesterday's broad based losses, Stock-Callers.com assesses, pre-market today, these four Auto Parts stocks: Dana Inc. (NYSE: DAN), Allison Transmission Holdings Inc. (NYSE: ALSN), Tenneco Inc. (NYSE: TEN), and WABCO Holdings Inc. (NYSE: WBC). Download the free research reports on these stocks today:
Maumee, Ohio headquartered Dana Inc.'s stock finished Wednesday's session 1.93% lower at $18.85 with a total volume of 810,520 shares traded. Over the last one month and the previous three months, Dana's shares have gained 11.41% and 21.85%, respectively. Furthermore, the stock has surged 30.45% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 11.36% and 33.48%, respectively. Shares of Dana, which manufactures and sells driveline, sealing, and thermal-management products for vehicle manufacturers in North America, Europe, South America, and the Asia/Pacific, are trading at a PE ratio of 38.79. The stock has a Relative Strength Index (RSI) of 58.31.
On December 20th, 2016, research firm RBC Capital Markets upgraded the Company's stock rating from 'Sector Perform' to 'Outperform' while revising its previous target price from $17 a share to $24 a share. See our free and comprehensive research report on DAN at:
On Wednesday, shares in Indianapolis, Indiana headquartered Allison Transmission Holdings Inc. ended the session 0.94% lower at $33.89 with a total volume of 429,224 shares traded. Allison Transmission's shares have advanced 4.37% in the last one month and 20.67% in the previous three months. Furthermore, the stock has gained 32.56% in the past one year. Shares of the Company, which together with its subsidiaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium- and heavy-tactical US defense vehicles, are trading at a PE ratio of 34.55. The stock is trading 7.66% above its 50-day moving average and 18.64% above its 200-day moving average. Moreover, the Company's shares have an RSI of 57.55.
On December 13th, 2016, research firm Macquarie initiated a 'Neutral' rating on the Company's stock. ALSN free research report PDF is just a click away at:
On Wednesday, shares in Lake Forest, Illinois headquartered Tenneco Inc. recorded a trading volume of 232,520 shares. The stock ended the day 2.00% lower at $62.63. Shares of the Company, which designs, manufactures, and sells clean air and ride performance products and systems for light vehicle, commercial truck, off-highway, and other vehicle applications worldwide, are trading at a PE ratio of 9.12. Tenneco's stock has advanced 5.14% in the last one month and 8.32% in the previous three months. Furthermore, the stock has surged 32.75% in the past one year. The Company is trading above its 50-day and 200-day moving averages by 6.99% and 15.13%, respectively. Furthermore, Tenneco's shares have an RSI of 52.37.
On November 30th, 2016, research firm Jefferies initiated a 'Hold' rating on the Company's stock, with a target price of $62 per share. Sign up for your complimentary report on TEN at:
Brussels, Belgium headquartered WABCO Holdings Inc.'s stock fell 2.01%, to close the day at $106.69. The stock recorded a trading volume of 188,252 shares. WABCO Holdings' shares have gained 10.43% in the previous one month and 2.85% in the past one year. The Company's shares are trading 3.43% and 2.46% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which together with its subsidiaries, provides electronic, mechanical, electro-mechanical, and aerodynamic products for commercial truck, bus, trailer, and passenger car manufacturers worldwide, are trading at a PE ratio of 23.35. The stock has an RSI of 52.02. Register for free on Stock-Callers.com and download the latest research report on WBC at:
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