Early Morning Insight: Meritor Inc., American Axle & Manufacturing Holdings
Inc., LKQ Corp., and Tenneco Inc.
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LONDON, November 22, 2013
LONDON, November 22, 2013 /PRNewswire/ --
On Thursday, November 21, 2013, all three indexes of the US equity market
posted gains. The S&P 500 ended the day at 1,795.85, up 0.81%; the Dow Jones
Industrial Average closed at 16,009.99, up 0.69%; and the NASDAQ Composite
finished at 3,969.16, up 1.22%. Shares in the auto parts industry ended on a
higher note, tracking gains in the broader market. The major movers in the
industry included Meritor Inc. (NYSE: MTOR), American Axle & Manufacturing
Holdings Inc. (NYSE: AXL), LKQ Corp. (NASDAQ: LKQ), and Tenneco Inc. (NYSE:
TEN). All these companies are tracked by AAAResearchReports.com. Download free
technical analysis and charting reports on MTOR, AXL, LKQ, and TEN now at:
On Thursday, Meritor Inc.'s stock advanced to finish the day at $7.19, up
2.86% from the previous day's closing price of $6.99. The company's shares
vacillated between $7.00 and $7.31 during the trading session. A total of 1.51
million shares were traded, which is above the daily average volume of 1.31
million. The company's shares have gained 3.16% in the previous three trading
sessions, outperforming the S&P 500, which has advanced 0.24% during the same
period. Additionally, Meritor Inc.'s stock is trading above its 200-day moving
average of $6.60. Download free research on MTOR today by registering at:
Shares in American Axle & Manufacturing Holdings Inc. fluctuated between
$18.74 and $19.15 before ending Thursday's session 2.37% higher at $19.00. A
total of 0.95 million shares were traded, which is below the daily average
volume of 1.54 million. Despite Thursday's gains, the company's shares have
fallen by 0.16% in the previous three trading sessions, underperforming the
S&P 500, which has gained 0.24% during the same period. Furthermore, American
Axle & Manufacturing Holdings Inc.'s stock is trading above its 50-day and
200-day moving averages of $18.96 and $16.99, respectively. Sign up and have
access to our free report on AXL at:
On Thursday, LKQ Corp.'s stock ended the day at $33.01, which is 2.07% higher
than the previous day's closing price of $32.34. The company's shares
vacillated between $32.35 and $33.27 during the trading session. A total of
0.90 million shares were traded, which is below the daily average volume of
1.21 million. The company's shares have gained 0.64% in the previous three
trading sessions and 11.44% in the last three months, outperforming the S&P
500, which has advanced 0.24% and 9.32% during the respective periods.
Moreover, LKQ Corp.'s stock is trading above its 50-day and 200-day moving
averages of $32.19 and $26.67, respectively. Sign up and read the
complimentary report on LKQ at:
Tenneco Inc.'s stock surged on Thursday, hitting a new 52-week high of $56.78.
The company's shares closed the day at $56.54, up 3.23% from the previous
day's price of $54.77. A total of 0.56 million shares were traded, which is
above the daily average volume of 0.54 million. The company's shares have
gained 4.82% in the last one month and 22.01% in the previous three months,
outperforming the S&P 500, which has advanced 2.93% and 9.32% during the
respective periods. Further, Tenneco Inc.'s stock is trading above its 50-day
and 200-day moving averages of $52.30 and $45.12, respectively. The free
report on TEN can be downloaded by signing up now at:
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