Allison Transmission Holdings Inc (NYSE:ALSN) shares, rose in value on Friday, March 07, with the stock price up by 2.02% to the previous day’s close as strong demand from buyers drove the stock to $97.98.
Actively observing the price movement in the last trading, the stock closed the session at $96.04. The PE ratio was 11.80 over 12-month period. Referring to stock’s 52-week performance, its high was $122.53, and the low was $71.49. On the whole, ALSN has fluctuated by -14.34% over the past month.
With the market capitalization of Allison Transmission Holdings Inc currently standing at about $8.38 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 1.02, with its dividend yield at 1.04%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.28B, with a low estimate of 781M and a high estimate of 813M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 796.75M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ALSN’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 1.87, with the price of ALSN currently trading nearly -4.32% and -10.26% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.89, while the 7-day volatility ratio is showing 3.60% which for the 30-day chart, stands at 3.46%. Furthermore, Allison Transmission Holdings Inc (ALSN)’s beta value is 0.95, and its average true range (ATR) is 3.49.
A comparison of Allison Transmission Holdings Inc (ALSN) with its peers suggests the former has fared considerably weaker in the market. ALSN showed an intraday change of 2.02% in last session, and over the past year, it grew by 30.10%%.
Data on historical trading for Allison Transmission Holdings Inc (NYSE:ALSN) indicates that the trading volumes over the past 3 months, they’ve averaged 646.64K. According to company’s latest data on outstanding shares, there are 85.78 million shares outstanding.
Nearly 0.57% of Allison Transmission Holdings Inc’s shares belong to company insiders and institutional investors own 99.09% of the company’s shares. The stock has fallen by -9.33% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ALSN stock heading into the next quarter.
