Autoliv Inc (NYSE:ALV) shares, rose in value on Friday, March 07, with the stock price down by -0.03% to the previous day’s close as strong demand from buyers drove the stock to $97.25.
Actively observing the price movement in the last trading, the stock closed the session at $97.28. The PE ratio was 12.07 over 12-month period. Referring to stock’s 52-week performance, its high was $129.38, and the low was $89.51. On the whole, ALV has fluctuated by 2.96% over the past month.
With the market capitalization of Autoliv Inc currently standing at about $7.56 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 3.44, with its dividend yield at 3.54%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 10.35B, with a low estimate of 2.41B and a high estimate of 2.56B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.49B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ALV’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell 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 0.76, with the price of ALV currently trading nearly 0.84% and 0.95% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.20, while the 7-day volatility ratio is showing 3.40% which for the 30-day chart, stands at 2.57%. Furthermore, Autoliv Inc (ALV)’s beta value is 1.46, and its average true range (ATR) is 2.86.
A comparison of Autoliv Inc (ALV) with its peers suggests the former has fared considerably weaker in the market. ALV showed an intraday change of -0.03% in last session, and over the past year, it shrunk by -16.88%%.
Data on historical trading for Autoliv Inc (NYSE:ALV) indicates that the trading volumes over the past 3 months, they’ve averaged 730.26K. According to company’s latest data on outstanding shares, there are 77.70 million shares outstanding.
Nearly 0.30% of Autoliv Inc’s shares belong to company insiders and institutional investors own 67.22% of the company’s shares. The stock has risen by 3.69% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ALV stock heading into the next quarter.
