American Axle & Manufacturing (NYSE:DCH) Cut to “Strong Sell” at Zacks Research

Zacks Research downgraded shares of American Axle & Manufacturing (NYSE:DCH) from a hold rating to a strong sell rating in a report published on Thursday morning,Zacks.com reports.

Separately, Weiss Ratings initiated coverage on American Axle & Manufacturing in a research note on Thursday. They set a “hold (c-)” rating on the stock. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

American Axle & Manufacturing Stock Performance

Shares of DCH stock opened at $8.64 on Thursday. The company has a current ratio of 1.77, a quick ratio of 1.43 and a debt-to-equity ratio of 3.61. The company has a market capitalization of $1.03 billion, a PE ratio of 26.18 and a beta of 1.60. American Axle & Manufacturing has a one year low of $3.00 and a one year high of $9.25.

American Axle & Manufacturing Company Profile

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.