Morning Technical Insight on These Auto Parts Stocks -- Delphi Technologies, Westport Fuel Systems, Dana, and Allison Transmission
NEW YORK, Dec. 11, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on DLPH, WPRT, DAN, and ALSN which is a click away at http://www.wallstequities.com/registration. Demand for Auto Parts is driven by new car sales, which are strongly affected by interest rates and by the replacement market. According to a First Research report, 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 demand for auto parts. Today, WallStEquities.com presents for review the following industry operators: Delphi Technologies PLC (NYSE: DLPH), Westport Fuel Systems Inc. (NASDAQ: WPRT), Dana Inc. (NYSE: DAN), and Allison Transmission Holdings Inc. (NYSE: ALSN). In its free research reports, Wall St. Equities offers timely insights on these equities at: http://www.wallstequities.com/registration
Delphi Technologies
Shares in Delphi Technologies PLC ended Friday's session 3.61% lower at $51.00. A total volume of 7.33 million shares was traded, which was above their three months average volume of 3.01 million shares. The stock has advanced 0.99% on an YTD basis. Additionally, shares of Delphi Technologies a leading provider of advanced vehicle propulsion solutions, are trading 1.79% below their 50-day moving average.
On December 05th, 2017, Aptiv announced its launch as a technology company that develops safer, greener, and more connected solutions for a diverse array of global customers. Formerly known as Delphi Automotive, Aptiv emerges from the completion of Delphi Automotive's spin-off of its Powertrain segment, which became Delphi Technologies PLC.
On December 08th, 2017, research firm Piper Jaffray initiated a 'Neutral' rating on the Company's stock, with a target price of $55 per share. Today's daily Complimentary report on DLPH is accessible at: http://www.wallstequities.com/registration/?symbol=DLPH
Westport Fuel Systems
Vancouver, Canada headquartered Westport Fuel Systems Inc.'s shares rose 2.61%, closing the day at $2.75. A total volume of 1.00 million shares was traded. The stock has surged 143.36% on an YTD basis. The stock is trading 30.51% above their 200-day moving average. Additionally, shares of the Company have an RSI of 38.59.
On November 14th, 2017, Westport Fuel Systems reported financial results for Q3 and nine months ended September 30th, 2017. For Q3 2017, consolidated revenues were $60.8 million, consolidated gross margin was $14.8 million, consolidated operating expenses were $34.9 million, and net loss from continuing operations was $(15.7) million. For the nine months ended September 30th, 2017, consolidated revenues were $182.9 million, consolidated gross margin was $48.1 million, consolidated operating expenses were $96.5 million, and net loss from continuing operations was $(41.9) million.
On November 15th, 2017, research firm Lake Street reiterated its 'Buy' rating on the Company's stock, with a target price of $5 per share. To experience our free membership services anytime/ anywhere and access the free report on WPRT, click to register at: http://www.wallstequities.com/registration/?symbol=WPRT
Dana
Last Friday, shares in Maumee, Ohio headquartered Dana Inc. gained 0.47%, closing the session at $32.02. The stock recorded a trading volume of 734,692 shares. The Company's shares have advanced 2.66% in the last one month, 31.34% over the previous three months, and 68.70% on an YTD basis. The stock is trading 5.80% above its 50-day moving average and 34.56% above its 200-day moving average. Furthermore, shares of Dana have an RSI of 58.24.
On November 29th, 2017, Dana has been named Supplier of the Year by Blue Bird Corporation, a leading independent designer and manufacturer of school buses. As one of 450 production suppliers that work with Blue Bird, Dana earned this top honor by introducing new products that align with the former's commitment to safety, quality, durability, and serviceability, while also exceeding on-time delivery goals, delivering cost-saving initiatives, and providing exceptional parts and service support. Join our big investor community at Wall St. Equities today and start so with your free report on DAN at: http://www.wallstequities.com/registration/?symbol=DAN
Allison Transmission Holdings
Indianapolis, Indiana headquartered Allison Transmission Holdings Inc.'s stock finished the session 0.82% higher at $41.78 with a total trading volume of 802,708 shares. The Company's shares have advanced 23.87% over the previous three months and 24.01% on YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.14% and 11.23%, respectively. Additionally, shares of the Company have an RSI of 60.79.
On December 07th, 2017, Allison Transmission Holdings announced the promotion of Otto Szalavari to managing director of global marketing. Mr. Szalavari will be instrumental in driving growth through ongoing implementation and refinement of the Company's marketing strategy. Know more about ALSN in our free research coverage at: http://www.wallstequities.com/registration/?symbol=ALSN
--
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
WSE, the Author, and the Reviewer are 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 whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do 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.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities
Share this article