Allison Transmission Holdings (ALSN) has been under a strong bear grip, hence the stock is down -3.41% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.7% in the past 1 week. The stock has risen by 0.04% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.61% in the past 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.87% and the fifty day Moving Average is 1.65%. Allison Transmission Holdings, Inc. is up 0.8% in the last three month period. Year-to-Date the stock performance stands at 9.19%.
Allison Transmission Holdings (ALSN) : 8 investment research analysts covering Allison Transmission Holdings (ALSN) have an average price target of $31.38 for the near short term. The highest target price given by the Brokerage Firm to the stock is $36 and the lowest target is $26 for the short term. Analysts expect the variance to be within $3.2 of the average price.
Allison Transmission Holdings (NYSE:ALSN): On Fridays trading session , Opening price of the stock was $28.01 with an intraday high of $28.37. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $27.69. However, the stock managed to close at $27.78, a loss of 0.79% for the day. On the previous day, the stock had closed at $28. The total traded volume of the day was 762,912 shares.
Allison Transmission Holdings, Inc. designs and manufactures commercial and defense transmissions. The Company offers fully-automatic transmissions for medium-and heavy-duty commercial vehicles and medium-and heavy-tactical United States defense vehicles. The Companys transmissions are used in a variety of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (primarily school, transit and hybrid-transit), motorhomes, off-highway vehicles and equipment (energy, mining and construction) and defense vehicles (wheeled and tracked). The Companys transmissions are sold under the Allison Transmission brand name and remanufactured transmissions are sold under the ReTran brand name. The Company has over 100 different models that are used in over 2,500 different vehicle configurations and are compatible with more than 500 combinations of engine brands, models and ratings, including diesel, gasoline, natural gas and other alternative fuels.