Technical Briefing: LKQ Corp., American Axle & Manufacturing Holdings Inc., Tenneco Inc., and Meritor Inc.
LONDON, September 10, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
The U.S. equity market posted sharp gains on Monday, September 9, 2013, with all three benchmark indexes closing higher to start the week on a positive note. The S&P 500 rose 1.00%, while the Dow Jones Industrial Average and the NASDAQ Composite gained 0.94% and 1.26%, respectively. The consumer goods sector ended on a high note on Monday as the broader market advanced. The major movers in the sector included LKQ Corporation (NASDAQ: LKQ), American Axle & Manufacturing Holdings Inc. (NYSE: AXL), Tenneco Inc. (NYSE: TEN), and Meritor Inc. (NYSE: MTOR). All these companies are tracked by AAAResearchReports.com. Free technical research reports on LKQ, AXL, TEN, and MTOR can be accessed by signing up at:
Shares in LKQ Corp. rose sharply on Monday, tracking gains in the broader market. The company's shares ended the day 2.76% higher at $30.51 after hitting an intra-day high of $30.61. A total of 1.10 million shares were traded, which is below the daily average volume of 1.26 million. The company's shares have surged by 23.67% in the last three months and 3.56% in the last three trading sessions, outperforming the S&P 500 which has gained 1.72% and 1.13% during the respective periods. Moreover, LKQ Corp.'s stock is trading above its 50-day and 200-day moving averages and has moved closer to its 52-week high of $31.07. Download free report on LKQ upon registration at:
Shares in American Axle & Manufacturing Holdings Inc. rose sharply on Monday as the broader market posted gains. The company's shares oscillated between $19.89 and $20.30 before finishing the day 1.31% higher at $20.16. A total of 1.20 million shares were traded, which is below the daily average volume of 1.25 million. The company's shares have gained 8.56% in the last three months, compared to a gain of 1.72% in the S&P 500 during the same period. Moreover, the stock is currently trading above its 50-day and 200-day moving averages. AXL technical report can be accessed for free by signing up at:
On Monday, Tenneco Inc.'s shares rose sharply after fluctuating between $48.90 and $49.78. The company's shares finished the day at $49.39, which is 1.25% higher than the previous day's closing price of $48.78. A total of 0.29 million shares were traded, which is below the daily average volume of 0.57 million. The company's stock has gained 3.09% in the previous three trading sessions and 9.61% in the last three months, compared to a gain of 1.13% and 1.72% in the S&P 500 during the respective periods. Additionally, Tenneco Inc.'s shares are trading above its 50 and 200-day moving averages. A free report on TEN can be accessed by registering at:
Shares in Meritor Inc. surged on Monday, extending their gains from previous trading sessions. The company's shares vacillated between $7.91 and $8.17 before finishing the day 2.64% higher at $8.15. A total of 1.01 million shares were traded, which is below the daily average volume of 1.16 million. Meritor Inc.'s shares have advanced 6.54% in the last one month and 15.11% in the previous three months, outperforming the S&P 500 during the respective periods. Furthermore, the company's stock is trading near its 52-week high of $8.50 and above its 50-day and 200-day moving averages of $7.58 and $5.81, respectively. Register with AAA Research Reports and download research on MTOR for free at:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by an analyst. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
SOURCE AAA Research Reports