American Axle & Manufact. (AXL) Set to Announce Quarterly Earnings on Friday
American Axle & Manufact. (NYSE:AXL) is set to release its earnings data before the market opens on Friday, February 16th. Analysts expect American Axle & Manufact. to post earnings of $0.76 per share for the quarter.
Shares of American Axle & Manufact. (AXL) opened at $15.41 on Wednesday. The company has a debt-to-equity ratio of 2.90, a current ratio of 1.72 and a quick ratio of 1.41. American Axle & Manufact. has a 1 year low of $13.38 and a 1 year high of $20.83. The firm has a market cap of $1,710.00, a P/E ratio of 5.26, a PEG ratio of 0.56 and a beta of 1.34.
In other American Axle & Manufact. news, Director George Thanopoulos sold 150,000 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $17.64, for a total transaction of $2,646,000.00. Following the completion of the transaction, the director now directly owns 399,013 shares in the company, valued at $7,038,589.32. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Over the last 90 days, insiders have sold 604,931 shares of company stock valued at $10,606,687. Company insiders own 0.96% of the company’s stock.
About American Axle & Manufact.
American Axle & Manufacturing Holdings, Inc (AAM) manufactures, engineers, designs and validates driveline and drivetrain systems and related components and chassis modules for light trucks, sport utility vehicles, crossover vehicles, passenger cars and commercial vehicles. Its driveline and drivetrain systems include components that transfer power from the transmission and deliver it to the drive wheels.
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