Auto Parts Stocks Technical Reports -- LKQ Corp., American Axle & Manufacturing, Tenneco, and Visteon
Sep 20, 2016, 07:40 ET
NEW YORK, September 20, 2016 /PRNewswire/ --
The U.S. Auto Parts industry is a highly concentrated space with the 50 largest companies accounting for more than half of its revenue. It comprises about 4,300 companies with combined annual revenue of about $250 billion. This morning, Stock-Callers.com has lined up four equities for evaluation: LKQ Corp. (NASDAQ: LKQ), American Axle & Manufacturing Holdings Inc. (NYSE: AXL), Tenneco Inc. (NYSE: TEN), and Visteon Corp. (NYSE: VC). Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
http://stock-callers.com/registration
LKQ Corp.
On Monday, shares in Chicago, Illinois headquartered LKQ Corp. recorded a trading volume of 1.74 million shares. The stock ended the day at $35.62, rising 0.45%. The Company's shares have gained 0.45% in the last one month, 8.30% over the previous three months, and 20.22% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 2.53% and 13.97%, respectively. Furthermore, shares of LKQ Corp., which together with its subsidiaries, distributes replacement parts, components, and systems used in the repair and maintenance of vehicles in the US, the UK, and internationally, have a Relative Strength Index (RSI) of 54.71.
On August 26th, 2016, research firm Susquehanna initiated a 'Positive' rating on the Company's stock, issuing a target price of $42 per share.
As per notes filed with the SEC on September 16th, 2016, LKQ Corp. announced that as of September 13th, 2016, its Board of Directors determined that Steven Greenspan, its Senior Vice President - Recycled & Refurbished Products, is no longer an executive officer of the Company. Visit us today and access our complete research report on LKQ at:
http://stock-callers.com/registration/?symbol=LKQ
American Axle & Manufacturing Holdings
Detroit, Michigan headquartered American Axle & Manufacturing Holdings Inc.'s stock finished yesterday's session 1.46% higher at $16.72 and with a total trading volume of 1.11 million shares. The Company's shares have gained 1.70% over the previous three months. The stock is trading above its 200-day moving average by 3.99%. Furthermore, shares of the company, which together with its subsidiaries, designs, engineers, validates, and manufactures driveline and drivetrain systems, and related components and chassis modules for the automotive industry in the US, Canada, Mexico, South America, Asia, Europe, and internationally, have an RSI of 47.11. The complimentary report on AXL can be downloaded at:
http://stock-callers.com/registration/?symbol=AXL
Tenneco
At the closing bell on Monday, shares in Lake Forest, Illinois headquartered Tenneco Inc. saw a slight decline of 0.58%, ending the day at $56.76. The stock recorded a trading volume of 443,075 shares. The Company's shares have advanced 1.54% in the last one month, 4.13% in the previous three months, and 23.63% on an YTD basis. The stock is trading 3.87% above its 50-day moving average and 14.84% 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 54.73.
On September 7th, 2016, Tenneco announced that the company will be displaying its latest Clean Air and Ride Performance solutions that reduce emissions, contribute to improved fuel consumption and improve vehicle performance at the 2016 IAA Commercial Vehicle Show in Hannover, Germany on September 22nd-29th, 2016. Register for free on Stock-Callers.com and access the latest research report on TEN at:
http://stock-callers.com/registration/?symbol=TEN
Visteon
Van Buren Township, Michigan headquartered Visteon Corp.'s stock ended the day 0.84% higher at $72.40 and with a total trading volume of 291,790 shares. The Company's shares have gained 2.74% in the last month. The stock is trading 3.46% above its 50-day moving average. Additionally, shares of Visteon, which designs, engineers, and manufactures electronics products for original equipment vehicle manufacturers worldwide, have an RSI of 58.43.
On September 13th, 2016, Visteon announced the election of Nomi Bergman to its board of directors, effective October 1st, 2016. Bergman is an accomplished business leader and technology advocate who served as president of Bright House Networks until its recently completed merger with Charter Communications and Time Warner Cable. Bergman was a member of the founding management team that in 2003 launched Bright House Networks, one of the largest owners and operators of cable systems in the U.S. Get free access to your research report on VC at:
http://stock-callers.com/registration/?symbol=VC
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SOURCE Chelmsford Park SA