Active Stock’s Momentum: American Axle & Manufacturing Holdings Inc. (NYSE: AXL)

DETROIT, November 3, 2019 – Shares of American Axle & Manufacturing Holdings Inc. (NYSE: AXL) showed the bullish trend with a higher momentum of 21.89% to $10.19. The company traded total volume of 8.985M shares as contrast to its average volume of 2.88M shares. The company has a market value of $1.15B and about 112.48M shares outstanding.

In the second quarter of 2019, American Axle & Manufacturing Holdings, Inc. (AAM), (AXL) reported sales of $1.70B as compared to $1.90B in the second quarter of 2018. AAM’s net income was $52.50M or $0.45 per share, as compared to $151.10M, or $1.30 per share in the second quarter of 2018. The company’s net cash provided by operating activities for the second quarter of 2019 was $217.10M.

The Company offered net profit margin of -2.90% while its gross profit margin was 13.90%. ROE was recorded as -12.50% while beta factor was 2.19. The stock, as of recent close, has shown the weekly upbeat performance of 12.72% which was maintained at -8.20% in this year.

Related Articles

Zebra (NASDAQ: ZBRA) And XMReality Inks Partnership Agreement

Zebra Technologies Corporation (NASDAQ: ZBRA) and XMReality publicized that the two have signed an agreement to work together and collaborate on ideas that offer...

Elanco (NYSE: ELAN) Launch Public Offering Of Common Stock

Elanco Animal Health Inc. (NYSE: ELAN) shares that it is planning to commence the public offering of 54,500,000 shares of common stock. It will...

Jacobs (NYSE: J) Partners with PA Consulting

Jacobs Engineering Group, Inc. (NYSE: J), a famous construction company announced that it will be collaborating with PA Consulting. The firm has purchased an...

Get in Touch

19,000FansLike
35,222FollowersFollow
22,458FollowersFollow

Latest Posts

Zebra (NASDAQ: ZBRA) And XMReality Inks Partnership Agreement

Zebra Technologies Corporation (NASDAQ: ZBRA) and XMReality publicized that the two have signed an agreement to work together and collaborate on ideas that offer...

Elanco (NYSE: ELAN) Launch Public Offering Of Common Stock

Elanco Animal Health Inc. (NYSE: ELAN) shares that it is planning to commence the public offering of 54,500,000 shares of common stock. It will...

Jacobs (NYSE: J) Partners with PA Consulting

Jacobs Engineering Group, Inc. (NYSE: J), a famous construction company announced that it will be collaborating with PA Consulting. The firm has purchased an...

Fuwei (NASDAQ: FFHL) Plans To Sell Dornier Production Line

Fuwei Films (Holdings) Co., Ltd. (NASDAQ: FFHL) recently declared that it will be closing its Dornier line of production as early as possible. Fuwei...

PPG Industries (NYSE: PPG) Announces Accquisition Of Ennis-Flint

PPG Industries, Inc. (NYSE: PPG) is planning to buy Ennis-Flint in a deal valued at nearly $1.15 billion. The decision to acquire Ennis-Flint will...