Large Inflow of Money Witnessed in American Axle & Manufacturing Holdings

The shares of American Axle & Manufacturing Holdings (NYSE:AXL) traded with a loss of -0.93 points or -5.66% in the most recent session. The shares last traded at $15.51. As per the trading info, the shares saw $4.95 million in upticks and lost $3.39 million in downticks, resulting in a net money flow of $1.56 million. The up/down ratio for the day was measured at 1.46. For the week, the shares had posted -3.48%.From the block trade data available, the total upticks were valued at $0.65 million and the total downticks were valued at $0 million, thereby putting the up/down ratio at 0. The net money flow for the block transaction was $0.65 million.


The stock has recorded a 20-day Moving Average of 4.93% and the 50-Day Moving Average is 2.42%. The company shares have dropped 27.26% in the past 52 Weeks. On November 2, 2015 The shares registered one year high of $23 and one year low was seen on February 11, 2016 at $11.44. The 50-day moving average is $15.95 and the 200 day moving average is recorded at $15.77. S&P 500 has rallied 1.93% during the last 52-weeks.

American Axle & Manufacturing Holdings (NYSE:AXL): The stock opened at $15.89 on Tuesday but the bulls could not build on the opening and the stock topped out at $15.95 for the day. The stock traded down to $15.18 during the day, due to lack of any buying support eventually closed down at $15.47 with a loss of -5.90% for the day. The stock had closed at $16.44 on the previous day. The total traded volume was 1,982,487 shares.

Currently the company Insiders own 0.91% of American Axle & Manufacturing Holdings shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -26.61% . Institutional Investors own 97.41% of American Axle & Manufacturing Holdings shares. During last six month period, the net percent change held by insiders has seen a change of -26.73%. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (VP Drvlne Bus Perf & Cost Mgmt) of American Axle & Manufacturing Holdings Inc, Lynch Michael Joseph had sold 5,531 shares worth of $82,965 in a transaction dated May 23, 2016. In this transaction, 5,531 shares were sold at $15 per share.

American Axle & Manufacturing Holdings, Inc. is an automotive supplier. The Company manufactures, engineers, designs and validates driveline and drivetrain systems and related components and chassis modules. The Company provides these components for light trucks, sport utility vehicles (SUVs), passenger cars, crossover vehicles and commercial vehicles. Driveline and drivetrain systems include components that transfer power from the transmission and deliver it to the drive wheels. Its driveline, drivetrain and related products include axles, driveheads, chassis modules, driveshafts, power transfer units, transfer cases, chassis and steering components, transmission parts, electric drive systems and metal-formed products. The Companys technologies include PowerLite axles, PowerDense gears and PowerFilm lubricant for passenger car, light truck and AWD applications. It operates in 13 countries and has 37 manufacturing, engineering and business office facilities across the world.

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