American Axle & Manufacturing (NYSE:DCH) Stock Rating Lowered by Wall Street Zen

American Axle & Manufacturing (NYSE:DCH) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.

Several other research firms have also recently issued reports on DCH. Weiss Ratings began coverage on American Axle & Manufacturing in a research note on Wednesday, March 11th. They set a “sell (d)” rating for the company. Zacks Research raised American Axle & Manufacturing from a “strong sell” rating to a “hold” rating in a research note on Friday, March 6th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Reduce”.

American Axle & Manufacturing Stock Down 5.0%

DCH stock opened at $5.61 on Friday. American Axle & Manufacturing has a one year low of $3.00 and a one year high of $9.25. The company has a market cap of $1.33 billion, a PE ratio of -31.14, a PEG ratio of 0.61 and a beta of 1.61. The company has a debt-to-equity ratio of 6.31, a quick ratio of 2.57 and a current ratio of 2.95.

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.