Today's Research: American Axle & Manufacturing Holdings Inc., LKQ Corp.,
Meritor Inc. and Tenneco Inc.
Editor Note: For more information about this release, please scroll to bottom.
LONDON, November 1, 2013
LONDON, November 1, 2013 /PRNewswire/ --
On Thursday, October 31, 2013, all three indexes of the US equity market fell.
The S&P 500 ended the day at 1,756.55, down 0.38%; the Dow Jones Industrial
Average closed at 15,545.75, down 0.47%; and the NASDAQ Composite finished at
3,919.71, down 0.28%. Shares in the auto parts industry mostly ended higher,
even as the broader market posted losses. The major movers in the sector
included American Axle & Manufacturing Holdings Inc. (NYSE: AXL), LKQ
Corporation (NASDAQ: LKQ), Meritor Inc. (NYSE: MTOR), and Tenneco Inc. (NYSE:
TEN). AAAResearchReports.com has completed their technical analysis on AXL,
LKQ, MTOR, and TEN and these free reports are accessible by registering at:
Shares in American Axle & Manufacturing Holdings Inc. closed the day 1.14%
higher at $18.61, after fluctuating between $18.08 and $18.83 during the
trading session. A total of 3.03 million shares were traded, which is above
the daily average volume of 1.40 million. Despite Thursday's gains, the
company's stock has fallen by 1.74% in the previous three trading sessions,
compared to a loss of 0.32% in the S&P 500 during the same period. Moreover,
American Axle & Manufacturing Holdings Inc.'s stock is trading above its
200-day moving average of $16.49. Sign up for free technical research on AXL
LKQ Corp.'s stock edged higher on Thursday, even as the broader market
declined. The company's shares ended the day 0.09% higher at $33.03, after
trading between $31.91 and $33.37. A total of 2.09 million shares were traded,
which is above the daily average volume of 1.29 million. The company's shares
have gained 3.64% in the last one month and 26.70% in the previous three
months, compared to a gain of 4.46% and 4.20% in the S&P 500 during the
respective periods. Furthermore, LKQ Corp.'s stock is trading near its 52-week
high of $34.07 and above its 50-day and 200-day moving averages of $31.56 and
$25.99, respectively. Be sure to read our latest technical research on LKQ by
On Thursday, Meritor Inc.'s stock closed at $6.87, down 1.86% from the
previous day's closing price of $7.00. The company's shares vacillated between
$6.84 and $6.99 during the trading session. A total of 2.07 million shares
were traded, which is above the daily average volume of 1.21 million. The
company's shares have plummeted by 11.35% in the previous three trading
sessions, compared to a loss of 0.32% in the S&P 500 during the same period.
Moreover, Meritor Inc.'s stock is trading above its 200-day moving average of
$6.45. Sign up and read the complimentary report on MTOR at:
Tenneco Inc.'s shares fluctuated between $52.63 and $53.75 before ending the
Thursday's session 0.13% higher at $53.07. A total of 0.75 million shares were
traded, which is above the daily average volume of 0.53 million. The company's
shares have gained 5.09% in the last one month and 9.81% in the previous three
months, outperforming the S&P 500, which has advanced 4.46% and 4.20% during
the respective periods. Moreover, Tenneco Inc.'s stock is trading above its
50-day and 200-day moving averages of $50.42 and $43.81, respectively. The
free report on TEN can be downloaded by signing up now at:
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