American Axle & Manufacturing traded at $7.25 this Friday February 13th, decreasing $1.18 or 14.00 percent since the previous trading session. Looking back, over the last four weeks, American Axle & Manufacturing lost 8.70 percent. Over the last 12 months, its price fell by 6.09 percent. Looking ahead, we forecast American Axle & Manufacturing to be priced at 7.10 by the end of this quarter and at 6.66 in one year, according to Trading Economics global macro models projections and analysts expectations.
Dauch Corporation, formerly American Axle & Manufacturing Holdings, Inc., is a global Tier 1 automotive supplier. The Company designs, engineers and manufactures driveline and metal forming technologies to support electric, hybrid and internal combustion vehicles. The Company''s product categories include Driveline and Metal Forming. Its Driveline products consist primarily of front and rear axles, driveshafts, differential assemblies, clutch modules, balance shaft systems, disconnecting driveline technology, and electric and hybrid driveline products and systems for light trucks, sport utility vehicles (SUVs), crossover vehicles, passenger cars and commercial vehicles. The Company''s Metal Forming products consist primarily of engine, transmission, driveline and safety-critical components for traditional internal combustion engine and electric vehicle architectures including light vehicles, commercial vehicles and off-highway vehicles, as well as products for industrial markets.