American Axle & Manufacturing (NYSE:DCH) Cut to Hold at Wall Street Zen

Wall Street Zen lowered shares of American Axle & Manufacturing (NYSE:DCH) from a buy rating to a hold rating in a research report report published on Saturday.

A number of other research firms have also recently weighed in on DCH. Weiss Ratings assumed coverage on American Axle & Manufacturing in a research report on Wednesday, March 11th. They set a “sell (d)” rating on the stock. Zacks Research raised shares of American Axle & Manufacturing from a “strong sell” rating to a “hold” rating in a report on Friday, March 6th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Reduce”.

American Axle & Manufacturing Trading Down 2.7%

NYSE DCH opened at $5.46 on Friday. American Axle & Manufacturing has a fifty-two week low of $3.00 and a fifty-two week high of $9.25. The company has a current ratio of 2.95, a quick ratio of 2.57 and a debt-to-equity ratio of 6.31. The firm has a market cap of $1.29 billion, a P/E ratio of -30.33, a P/E/G ratio of 0.58 and a beta of 1.61.

About American Axle & Manufacturing

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.