American Axle & Manufacturing H (symbol: AXL) was one of the worst losers
of the trading day today (2015-10-02), losing -4.65%. The number of shares
that changed hands was 2,949,684, or about 2 times the average daily volume
in the stock.
The closing price was $18.64, amounting to a market cap of $1,420,000,000,
about -28.88% off the highest price in the last 12 months. The stock has
been trading at a range between $16.36 and $26.21.
AXL is in the Auto Parts:O.E.M. industry, part of the Capital Goods sector.
Looking at its valuation, the stock is now trading at 8.59 times earnings.
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