Before the Bell Scans: American Axle & Manufacturing Holdings Inc., LKQ Corp.,
Meritor Inc., and Tenneco Inc.
LONDON, October 10, 2013
LONDON, October 10, 2013 /PRNewswire/ --
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On Wednesday, October 9, 2013, the U.S. equity market ended on a mixed note.
The S&P 500 and the Dow Jones Industrial Average gained 0.06% and 0.18%,
respectively, while the NASDAQ Composite fell by 0.46%. Shares in the auto
parts industry sector ended on a mixed note, tracking the broader market. The
major movers in the industry included American Axle & Manufacturing Holdings
Inc. (NYSE: AXL), LKQ Corporation (NASDAQ: LKQ), Meritor Inc. (NYSE: MTOR),
and Tenneco Inc. (NYSE: TEN). All these companies are tracked by
AAAResearchReports.com. Free technical research on AXL, LKQ, MTOR, and TEN can
be downloaded upon signing up at:
Shares in American Axle & Manufacturing Holdings Inc. edged lower on
Wednesday, even as the broader market closed on a mixed note. The company's
shares ended the day 0.33% lower at $18.13, after vacillating between $17.88
and $18.38. A total of 1.34 million shares were traded, which is more than the
daily average volume of 1.28 million. American Axle & Manufacturing Holdings
Inc.'s shares have fallen by 4.43% in the previous three trading sessions,
compared to a loss of 2.02% in the S&P 500 during the same period. Moreover,
the company's stock is currently trading above its 200-day moving average of
$15.89. Sign up today to read free research report on AXL at:
LKQ Corp.'s stock fell by 0.64% on Wednesday, extending the losses from the
previous trading session. The company's shares traded between $30.61 and
$31.20 before finishing the day at $30.83. A total of 1.32 million shares were
traded, which is above the daily average volume of 1.27 million. Despite
Wednesday's losses, the company's shares have advanced 1.05% in the last one
month and 17.27% in the previous three months, outperforming the S&P 500 which
has fallen by 0.92% and has gained 0.25% during the respective periods.
Further, LKQ Corp.'s stock is trading above its 50-day and 200-day moving
averages of $30.46 and $25.14, respectively. Register to download free
technical analysis on LKQ at:
On Wednesday, Meritor Inc.'s stock edged higher to close at $7.68, up 0.39%
from the previous day's closing price of $7.65. The company's shares
oscillated between $7.42 and $7.73 during the trading session. A total of 1.36
million shares were traded, which is above the daily average volume of 1.13
million. The company's shares have advanced 8.94% in the previous three
months, outperforming the S&P 500 which has gained 0.25% during the same
period. Additionally, Meritor Inc.'s stock is trading above its 200-day moving
average of $6.22. A free report on MTOR can be accessed by registering at:
Tenneco Inc.'s stock advanced on Wednesday, reversing some of the losses from
the previous trading session. The company's shares closed the day at $49.63,
up 0.45%, after vacillating between $48.60 and $49.97 during the trading
session. A total of 0.41 million shares were traded, which is below the daily
average volume of 0.52 million. The company's shares have advanced 0.49% in
the last one month and 1.87% in the previous three months, compared to a loss
of -0.92% and a gain of 0.25% in the S&P 500 during the respective periods.
Furthermore, Tenneco Inc.'s stock is trading above its 50-day and 200-day
moving averages of $49.14 and $42.41, respectively. Register with AAA Research
Reports and download the research on TEN for free at:
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