Axalta Coating Systems Ltd. (AXTA) Shares are Up 1.25%

Axalta Coating Systems Ltd. (AXTA) has been under a strong bear grip, hence the stock is down -0.6% 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 1.92% in the past 1 week. The stock has risen by 1.25% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.81% 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 0.53% and the fifty day Moving Average is 2.09%. Axalta Coating Systems Ltd. is up 0.28% in the last three month period. Year-to-Date the stock performance stands at 6.27%.

Axalta Coating Systems Ltd. (AXTA) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $36 and the lowest price target forecast is $29. The average forecast of all the analysts is $33.38 and the expected standard deviation is $2.33.


Axalta Coating Systems Ltd. (NYSE:AXTA): stock turned positive on Friday. Though the stock opened at $28.38, the bulls momentum made the stock top out at $28.58 level for the day. The stock recorded a low of $28.1 and closed the trading day at $28.32, in the green by 0.28%. The total traded volume for the day was 1,617,585. The stock had closed at $28.24 in the previous days trading.

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.

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