U.S. Markets closed

Today's Research Reports on Trending Tickers: Adient and Autoliv

NEW YORK, NY / ACCESSWIRE / October 30, 2018 / U.S. equities continued to drop on Monday as losses in the energy and tech sectors added to the ongoing trade concerns between the U.S. and China. The Dow Jones Industrial Average shed 0.99 percent to close at 24,442.92, while the S&P 500 Index decreased 0.66 percent to close at 2,641.25. The Nasdaq Composite Index dropped 1.63 percent to close at 7,050.29.

The losses among stocks that had, until recently, supported the rally is hurting the market, said the chief economic strategist at Capitol Securities Management Inc., Kent Engelke. “Many times I have commented about the massive ownership of a few names that have created the most imbalanced market in at least a generation. I can envision a period of time when selling in the indices—led by the selling of the FAANG(Facebook, Apple, Amazon, Netflix and Google) companies—continues while the typical stock advances,” Engelke added.

MER Initiates Coverage on:

Adient plc
https://marketedgereport.com/report/ADNT/

Autoliv, Inc.
https://marketedgereport.com/report/ALV/

Adient's stock jumped 5.19% Monday, to close the day at $31.21. The stock recorded a trading volume of 2,800,755 shares, which was above its three months average volume of 1,868,521 shares. In the last year, Adient's shares have traded in a range of 28.24 - 85.32. The share price has gained 10.52% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $36.36 is below its 200-day moving average of $47.57. Shares of the company are trading at a Price to Earnings ratio of 212.31. Shares of Adient have fallen roughly 20.61 percent in the past month and are down 60.34 percent year-to-date.

Access MER's Adient plc Research Report at:
https://marketedgereport.com/report/ADNT/

On Monday, shares of Autoliv recorded a trading volume of 1,999,130 shares, which was above the three months average volume of 741,496 shares. The stock ended the day 3.78% higher at $84.86. The share price has fallen 26.49% from its 52 week high with a 52 week trading range of 75.99 - 115.44. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $84.58 is below its 200-day moving average of $98.07. Shares of the company are trading at a Price to Earnings ratio of 23.33. Shares of Autoliv have fallen roughly 2.1 percent in the past month and are down 7.31 percent year-to-date.

Access MER's Autoliv, Inc. Research Report at:
https://marketedgereport.com/report/ALV/

Our Actionable Research on Adient plc (NYSE : ADNT ) and Autoliv, Inc. (NYSE : ALV ) can be downloaded free of charge at MarketEdge Report.

MarketEdge Report

We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.

MarketEdge Report has not been compensated; directly or indirectly; for producing or publishing this document.

Disclaimer: This article is written by an independent contributor of MarketEdgeReport.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. MarketEdgeReport.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.marketedgereport.com/disclaimer.

CONTACT

For any questions, inquiries, or comments reach out to us directly at:

Address:

MarketEdge Report, Unit #901 511 Avenue of the Americas, New York, NY, 10011

Email:

contact@marketedgereport.com

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: MarketEdge Report