NEW YORK, February 1, 2017 /PRNewswire/ --
Today's research highlights the US Auto Parts industry, which consists of about 4,300 companies with combined annual revenue of about $250 billion. As per a report by First Research, economic expansion in emerging markets worldwide is expected to drive healthy growth in the Auto Manufacturing sector over the next several years, which should bolster the demand for auto parts. Pre-market, Stock-Callers.com has initiated coverage on Dana Inc. (NYSE: DAN), Allison Transmission Holdings Inc. (NYSE: ALSN), Tenneco Inc. (NYSE: TEN), and WABCO Holdings Inc. (NYSE: WBC). Today's research reports on the aforementioned stocks are downloadable for free upon registration at: http://stock-callers.com/registration
On Tuesday, shares in Maumee, Ohio headquartered Dana Inc. recorded a trading volume of 1.36 million shares. The stock ended at $20.14, climbing 1.92% from the last trading session. The Company's shares have gained 6.17% in the last one month, 31.38% over the previous three months, and 6.11% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.24% and 36.20%, respectively. Furthermore, shares of Dana, which manufactures and sells driveline, sealing, and thermal-management products for vehicle manufacturers in North America, Europe, South America, and Asia/Pacific, have a Relative Strength Index (RSI) of 62.16.
On January 24th, 2017, Dana introduced a new, comprehensive e-commerce platform that streamlines the identification process of the Company's automotive and commercial-vehicle replacement parts portfolio and connects service technicians around the world with its aftermarket parts distributors. Visit us today and access our complete research report on DAN at:
Indianapolis, Indiana headquartered Allison Transmission Holdings Inc.'s stock finished yesterday's session 0.34% higher at $34.98, with a total trading volume of 870,106 shares. The Company's shares have gained 3.19% in the last one month, 19.92% over the previous three months, and 3.83% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.55% and 18.84%, respectively. Furthermore, shares of Allison Transmission Holdings, 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, have an RSI of 59.45.
On January 18th, 2017, Allison Transmission Holdings announced that it will hold its Q4 2016 and full year 2016 financial results conference call at 8:00 a.m. ET on February 07th, 2017. The news release announcing the financial results will be issued post market on February 06th, 2017.
On January 24th, 2017, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy'. The complimentary report on ALSN can be downloaded at:
At the closing bell on Tuesday, shares in Lake Forest, Illinois headquartered Tenneco Inc. climbed 1.97%, ending the day at $67.45. The stock recorded a trading volume of 705,848 shares, which was above its three months average volume of 484,670 shares. The Company's shares have advanced 7.20% in the last one month, 23.40% in the previous three months, and 7.97% on an YTD basis. The stock is trading 6.05% above its 50-day moving average and 19.94% above its 200-day moving average. Moreover, shares of Tenneco, 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, have an RSI of 59.99.
On January 25th, 2017, research firm Susquehanna downgraded the Company's stock rating from 'Positive' to 'Neutral'.
On January 30th, 2017, Tenneco announced that Martin Hendricks is joining the Company as Executive Vice President of Ride Performance, effective February 01st, 2017. Hendricks will lead the Company's global original equipment Ride Control, Elastomers, and Aftermarket businesses. Hendricks joins Tenneco from Federal Mogul Corp. where he served most recently as president, global braking and regional president, Europe, Middle East and Africa, based in Glinde, Germany. Register for free on Stock-Callers.com and access the latest research report on TEN at:
Brussels, Belgium headquartered WABCO Holdings Inc.'s stock ended the day 0.99% higher at $109.03. A total volume of 464,355 shares was traded, which was above their three months average volume of 449,640 shares. The Company's shares have gained 2.73% in the last month, 11.84% over the previous three months, and 2.71% on an YTD basis. The stock is trading 2.83% above its 50-day moving average and 4.58% above its 200-day moving average. Additionally, shares of WABCO Holdings, which together with its subsidiaries, provides electronic, mechanical, electro-mechanical, and aerodynamic products for commercial truck, bus, trailer, and passenger car manufacturers worldwide, have an RSI of 60.86.
On January 13th, 2017, research firm BMO Capital Markets downgraded the Company's stock rating from 'Outperform' to 'Market Perform' while revising its previous target price from $120 a share to $115 a share. Get free access to your research report on WBC at:
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SOURCE Chelmsford Park SA