American Axle & Manufacturing Holdings Inc (AXL) concluded trading on Wednesday at a closing price of $4.61, with 3.18 million shares of worth about $14.66 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -22.26% during that period and on Wednesday the price saw a gain of about 1.10%. Currently the company’s common shares owned by public are about 117.60M shares, out of which, 107.95M shares are available for trading.
Stock saw a price change of 2.44% in past 5 days and over the past one month there was a price change of -20.24%. Year-to-date (YTD), AXL shares are showing a performance of -20.93% which decreased to -30.05% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.39 but also hit the highest price of $7.98 during that period. The average intraday trading volume for American Axle & Manufacturing Holdings Inc shares is 2.33 million. The stock is currently trading -5.09% below its 20-day simple moving average (SMA20), while that difference is down -11.74% for SMA50 and it goes to -25.35% lower than SMA200.
American Axle & Manufacturing Holdings Inc (NYSE: AXL) currently have 117.60M outstanding shares and institutions hold larger chunk of about 101.13% of that.
The stock has a current market capitalization of $542.05M and its 3Y-monthly beta is at 1.65. PE ratio of stock for trailing 12 months is 16.03, while it has posted earnings per share of $0.29 in the same period. Its PEG reads 0.85 and has Quick Ratio of 1.25 while making debt-to-equity ratio of 5.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AXL, volatility over the week remained 3.34% while standing at 4.69% over the month.
Stock’s fiscal year EPS is expected to rise by 5.73% while it is estimated to increase by 23.26% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on March 07, 2025 offering a Hold rating for the stock and assigned a target price of $5 to it. Coverage by Deutsche Bank stated American Axle & Manufacturing Holdings Inc (AXL) stock as a Hold in their note to investors on September 10, 2024, suggesting a price target of $6 for the stock. On February 28, 2024, UBS Upgrade their recommendations, while on January 17, 2024, UBS Downgrade their ratings for the stock with a price target of $6.50. Stock get an Underperform rating from BofA Securities on November 28, 2023.
