American Axle & Manufacturing (NYSE:DCH) Stock Rating Lowered by Zacks Research

American Axle & Manufacturing (NYSE:DCH) was downgraded by equities researchers at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Thursday,Zacks.com reports.

Separately, Weiss Ratings assumed coverage on American Axle & Manufacturing in a research report on Thursday. They issued a “hold (c-)” rating on the stock. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce”.

American Axle & Manufacturing Trading Up 5.2%

NYSE:DCH opened at $8.64 on Thursday. The stock has a market capitalization of $1.03 billion, a P/E ratio of 26.18 and a beta of 1.60. American Axle & Manufacturing has a one year low of $3.00 and a one year high of $9.25. The company has a debt-to-equity ratio of 3.61, a quick ratio of 1.43 and a current ratio of 1.77.

American Axle & Manufacturing Company Profile

American Axle & Manufacturing is a U.S.-based designer, engineer and manufacturer of driveline and drivetrain systems and components for the automotive and light- and heavy-vehicle markets. The company produces a range of mechanical and electromechanical products including axles, driveshafts, differential systems, halfshafts, transmission components, and related sealing and suspension parts. Its product portfolio serves passenger cars, light trucks, commercial vehicles and off-highway applications.

Beyond component manufacturing, the company provides integrated engineering services such as product development, testing and system integration to help vehicle manufacturers meet performance, weight and fuel-economy targets.