Stock Rating Upgrade
The Value Trend Rating for American Axle & Manufacturing Ho (NYSE: AXL) improved recently from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 12/20/24, American Axle & Manufacturing Ho (NYSE: AXL) stock declined modestly by -1.9%, closing at $5.78. Moreover, this decline was accompanied by exceptionally high trading volume at 267% of normal. Relative to the market the stock has been weak over the last nine months and has declined -14.5% during the last week.
Current PriceTarget Research Rating
American Axle & Manufacturing Ho has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. American Axle & Manufacturing Ho has a slightly positive Appreciation Score of 64 but a poor Power Rating of 26, triggering the Low Neutral Value Trend Rating.
Be the first to comment