American Axle & Manufacturing Holdings Inc. (AXL) Jumps 22.47% on February 15

Equities Staff |

American Axle & Manufacturing Holdings Inc. (AXL) was among the biggest gainers on the Russell 2000 for Monday February 15 as the stock popped 22.47% to $14.39, representing a gain of $2.64 per share. Some 4.74 million shares traded hands on 29,859 trades, compared with an average daily volume of 1.5 million shares out of a total float of 76.05 million. The stock opened at $13.57 and traded with an intraday range of $14.55 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 $16.59 and a 200-day SMA of $20.30.

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 Equities.com’s Stock Valuation Analysis report for AXL. To see the latest independent stock recommendations from Equities.com’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 Equities.com. 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.



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