Shares of Axalta Coating Systems Ltd. (NYSE:AXTA) saw an erosion of -0.54 points in recent session. During the trading, the value of each share was $27.36, dropping -1.94%. The shares saw high fund-flow as the composite value of all the upticks was $5.97 million and the total value of all the downticks was a mere $3.11 million. The net money flow was seen at $2.86 million and the up/down ratio was measured at 1.92. On a weekly basis the shares of the shares have recorded a change of -1.48%.The block trade which occurred today had $4.15 million in upticks and $1.08 million in downticks with the up/down ratio climbing to 3.84. $3.07 million was the net money flow of the block transaction.
Currently the company Insiders own 2.79% of Axalta Coating Systems Ltd. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -2.56% . Institutional Investors own 99% of Axalta Coating Systems Ltd. shares. During last six month period, the net percent change held by insiders has seen a change of -2.56%. On the companys insider trading activities, Finn Michael F., officer (SVP & General Counsel) of Axalta Coating Systems Ltd., unloaded 1,315 shares at an average price of $27.95 on May 13, 2016. The total amount of the transaction was worth $36,754, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Axalta Coating Systems Ltd. (NYSE:AXTA) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.55 points or 1.97% at $27.35 with 2,439,024 shares getting traded. Post opening the session at $27.79, the shares hit an intraday low of $27.21 and an intraday high of $27.82 and the price was in this range throughout the day. The company has a market cap of $6,531 million and the number of outstanding shares have been calculated to be 238,781,500 shares. The 52-week high of Axalta Coating Systems Ltd. (NYSE:AXTA) is $36.5 and the 52-week low is $20.67.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Citigroup maintains the rating on Axalta Coating Systems Ltd. (NYSE:AXTA). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency raises the price target from $32 per share to $36 per share. The rating by the firm was issued on April 18, 2016.
Axalta Coating Systems Ltd. is a manufacturer, marketer and distributor of coatings systems primarily serving the transportation industry. The Company operates in two business segments: Performance Coatings and Transportation Coatings. Through its Performance Coatings segment, the Company provides liquid and powder coatings solutions to a fragmented and local customer base. Through its Transportation Coatings segment, the Company provides advanced coating technologies to original equipment manufacturer (OEMs) of light and commercial vehicles. Its products are offered in four key end-markets, including the refinish automotive aftermarket, industrial, light vehicle or automotive original equipment manufacturers (OEM) market, and commercial vehicle market. The Companys products include liquid and powder coatings for motor vehicles OEMs, the motor vehicle aftermarket, and general industrial applications, such as coatings for heavy equipment, pipes, appliances and electrical insulation.