American Axle & Manufacturing Holdings Inc. (AXL) Jumps 22.38% on February 12

Equities Staff |

American Axle & Manufacturing Holdings Inc. (AXL) was among the biggest gainers on the Russell 2000 for Friday February 12 as the stock popped 22.38% to $14.38, representing a gain of $2.63 per share. Some 3.68 million shares traded hands on 24,161 trades, compared with an average daily volume of 1.46 million shares out of a total float of 76.05 million. The stock opened at $13.57 and traded with an intraday range of $14.48 to $12.31.

After today's gains, American Axle & Manufacturing Holdings Inc. reached a market cap of $1.09 billion. American Axle & Manufacturing Holdings Inc. has had a trading range between $26.21 and $11.44 over the last year, and it had a 50-day SMA of $16.76 and a 200-day SMA of $20.35.

The stock has a P/E Ratio of 4.9.

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.

American Axle & Manufacturing Holdings Inc. is based out of Detroit, MI and has some 12,820 employees. Its CEO is 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.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

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:


Emerging Growth

Blow & Drive Interlock Corp

Blow & Drive Interlock Corp manufactures, markets, leases, installs and monitors a Breath Alcohol Ignition Interlock Device mechanism on the steering column of an automobile and into which a driver…

Private Markets


Trustify provides trust and safety in both the digital and physical worlds through our vast network of on-demand Private Investigators.By removing the large retainers and high hourly rates that traditional…


Blockchain currencies (e.g. Bitcoin) provide a new disruptive way to transfer value between parties over the internet as opposed to going through banks. GoCoin provides online merchants with a suite…