Autoliv (ALV) : Tuesdays money flow analysis of Autoliv (ALV) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $2.73 million. In comparison, the inflow of money on upticks was a meager $1.84 million. The dollar value of composite uptick trades minus the downtick trades was negative $0.9 million. The uptick to downtick ratio of 0.67 in the money flow shows weakness. The downtick transaction value was high at $0.1 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($0 million). Autoliv (ALV) gained $0.28 at $107.2, a change of 0.26% over the previous days close.
Also, Citigroup maintains their rating on the shares of Autoliv (NYSE:ALV). The current rating of the shares is Neutral. Equity Analysts at the Firm lowers the price target to $113 per share from $121 per share. The rating by the firm was issued on July 28, 2016.
Shares of Autoliv, Inc. rose by 0.07% in the last five trading days and 1.64% for the last 4 weeks. Autoliv, Inc. has dropped 12.62% during the last 3-month period . Year-to-Date the stock performance stands at -12.9%.
Autoliv (NYSE:ALV): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $107.52 and $106.51 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $107.68. The buying momentum continued till the end and the stock did not give up its gains. It closed at $107.00, notching a gain of 0.07% for the day. The total traded volume was 287,030 . The stock had closed at $106.92 on the previous day.
In a related news, The Securities and Exchange Commission has divulged that Alspaugh Robert W, director of Autoliv Inc, had unloaded 647 shares at an average price of $112.21 in a transaction dated on March 9, 2016. The total value of the transaction was worth $72,600.
Autoliv, Inc. is a developer, manufacturer and supplier of automotive safety systems to the automotive industry. The Companys range of product offerings includes passive safety systems and active safety systems. Passive safety systems are primarily meant to improve vehicle safety, and include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, passive safety electronics, whiplash protection systems and child seats, and components for such systems. Active safety systems are designed to make driving easier and more comfortable and to intervene before a collision in order to make accidents avoidable or reduce the impact. Active safety products include automotive radars, night driving assist, camera-based vision systems, brake controls and other active safety systems. It has approximately 80 production facilities located in around 27 countries, consisting of both component factories and assembly factories.