American Axle & Manufacturing Holdings Inc. (AXL) is Trading Lower on Unusual Volume for January 15

Equities Staff |

American Axle & Manufacturing Holdings Inc. (AXL) experienced unusually high volume on Jan. 15, as the stock lost 0.89% to a closing price of $13.36. The stock saw 2.34 million shares trade hands over the course of the day on 15,219 trades. Given that the stock’s average daily volume over the last month has been 1.53 million shares a day, this represents a pretty substantial spike over the norm.

American Axle & Manufacturing Holdings Inc. has a P/B ratio of 4.48. It also has a P/E ratio of 5.8. The stock has traded between $26.21 and $12.77 over the last 52-weeks, its 50-day SMA is now $20.42, and its 200-day SMA $21.54.

American Axle & Mfg Holdings Inc manufactures, engineers, designs & validates driveline & drivetrain systems & related components & chassis modules for light trucks, sport utility vehicles, passenger cars, crossover vehicles & commercial vehicles.

Headquartered in Detroit, MI, American Axle & Manufacturing Holdings Inc. has 12,820 employees and is currently under the leadership of CEO David C. Dauch.

For a complete fundamental analysis analysis of American Axle & Manufacturing Holdings Inc., check out’s Stock Valuation Analysis report for AXL. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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