Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. American Axle & Manufacturing Holdings Inc’s current trading price is -45.94% away from its 52-week high, while its distance from the 52-week low is 39.83%. The stock’s price range over this period has fluctuated between $3.00 and $7.76. The company, operating within the financial sector, had a trading volume of approximately 2.34 million for the day, which was noticeably lower than the average daily share volume of 2.77 million over the last 3 months.
In terms of market performance, American Axle & Manufacturing Holdings Inc had a fairly uneven.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
American Axle & Manufacturing Holdings Inc (AXL) has experienced a quarterly decline of -12.42% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 497.79M and boasts a workforce of 19000 employees.
Analyzing Trading Volume and Moving Average Trends
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for AXL stands at 4.58. Similarly, the long-term debt-to-equity ratio is also 4.52.
AXL Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded a decrease of -28.04%. However, over the last six months, the performance has been stronger by -38.58%. The price of AXL increased 1.08% over the last 30 days. And in the last five days, it has fallen by -5.94%.
