Autoliv Inc (NYSE:ALV) shares, rose in value on Friday, November 22, with the stock price up by 1.11% to the previous day’s close as strong demand from buyers drove the stock to $98.89.
Actively observing the price movement in the last trading, the stock closed the session at $97.80, falling within a range of $97.85 and $99.3. The value of beta (5-year monthly) was 1.602 whereas the PE ratio was 12.89 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 4.05% over the past month.
With the market capitalization of Autoliv Inc currently standing at about $7.79 billion, investors are eagerly awaiting this quarter’s results, scheduled for in December. The company’s Forward Dividend Ratio is 2.72, with its dividend yield at 2.75%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 10.49B, with a low estimate of 2.7B and a high estimate of 2.85B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.74B.
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 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.02, with the price of ALV currently trading nearly 1.52% and 3.41% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.47, while the 7-day volatility ratio is showing 1.87% which for the 30-day chart, stands at 2.34%. Furthermore, Autoliv Inc (ALV)’s beta value is 1.60, and its average true range (ATR) is 2.50.
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 1.11% in last session, and over the past year, it shrunk by -2.73%%.
Data on historical trading for Autoliv Inc (NYSE:ALV) indicates that the trading volumes over the past 10 days have averaged 0.64 and over the past 3 months, they’ve averaged 818.93K. According to company’s latest data on outstanding shares, there are 82.60 million shares outstanding.
Nearly 0.28% of Autoliv Inc’s shares belong to company insiders and institutional investors own 67.41% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.59 million shares as on 2024-10-31, resulting in a short ratio of 1.87. According to the data, the short interest in Autoliv Inc (ALV) stood at 230.00 of shares outstanding as of 2024-10-31; the number of short shares registered in 2024-09-30 reached 1.84 million. The stock has fallen by -10.26% 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.
