Early Morning Insight: Meritor Inc., American Axle & Manufacturing Holdings Inc., LKQ Corp., and Tenneco Inc.
Early Morning Insight: Meritor Inc., American Axle & Manufacturing Holdings Inc., LKQ Corp., and Tenneco Inc. Editor Note: For more information about this release, please scroll to bottom. PR Newswire 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: http://www.aaaresearchreports.com/register/ 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: http://www.AAAResearchReports.com/MTOR112213.pdf 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: http://www.AAAResearchReports.com/AXL112213.pdf 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: http://www.AAAResearchReports.com/LKQ112213.pdf 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: http://www.AAAResearchReports.com/TEN112213.pdf EDITOR NOTES: 1. This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. 3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. 4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com. 5. 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