Baystreet Staff -

Coverage Initiated on Select Auto Parts' Stocks

[ACCESSWIRE]

LONDON, UK / ACCESSWIRE / July 15, 2016 / Active Wall St. announces the list of stocks for today's coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Auto Parts industry. Companies recently under review include BorgWarner, Dana, Allison Transmission, and Lear. See our complete notes on BorgWarner at:

http://www.activewallst.com/registration-3/?symbol=BWA

Today, AWS is promoting its equity coverage. Get all of our research notes free by signing up to http://www.activewallst.com/register/.

Expansions in emerging markets are driving growth in the Auto Parts industry, making now a great time to spot for potential trading opportunities. Let us see how this is affecting some of the big names in the industry. Register with us now for your free membership and more at: http://www.activewallst.com/register/.

Active Wall St. takes a brief technical look at how each of the companies mentioned above have fared over the last few trading sessions.

BorgWarner Inc. (NYSE: BWA)

Shares in Auburn Hills, Michigan headquartered BorgWarner Inc. ended Thursday's session at $31.54, gaining 1.19%. The stock recorded a trading volume of 1.89 million shares. The Company's shares are trading 3.20% below their 50-day moving average. Moreover, shares of BorgWarner, which develops, manufactures, and sells engineered automotive systems and components primarily for powertrain applications globally, traded at a PE ratio of 11.84 and have a Relative Strength Index (RSI) of 51.26.

On June 16, 2016, BorgWarner announced that it is expanding its engine timing systems and drive chains into the North American light-duty diesel market with the Cummins® 5.0-liter turbodiesel V8 engine family.

Dana Holding Corp. (NYSE: DAN)

Maumee, Ohio headquartered Dana Holding Corp.'s stock climbed 1.58%, closing the day at $11.56 with a total volume of 1.06 million shares traded. The Company's shares have advanced 0.78% in the last month. The stock is trading 0.93% below its 50-day moving average. Additionally, shares of Dana Holding, which manufactures and sells driveline, sealing, and thermal-management products for vehicle manufacturers in North America, Europe, South America, and the Asia Pacific, traded at a PE ratio of 13.73 and have an RSI of 54.28.

On June 21, 2016 Dana Holding Corp. announced that it has joined a consortium of fuel-cell component developers, academic institutions, and automaker BMW Group for a three-year project to develop and validate next-generation automotive fuel-cell stack technology and materials. Sign up for your notes on DAN at: http://www.activewallst.com/registration-3/?symbol=DAN.

Allison Transmission Holdings Inc. (NYSE: ALSN)

On Thursday, shares in Indianapolis, Indiana headquartered Allison Transmission Holdings Inc. recorded a trading volume of 961,150 shares. The stock ended the day 0.94% higher at $28.98. The Company's shares have gained 6.15% in the past month, 7.52% in the previous three months, and 13.28% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.65% and 10.04%, respectively. Furthermore, shares of Allison Transmission Holdings, which together with its subsidiaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium- and heavy-tactical U.S. defense vehicles, have an RSI of 58.79. Allison Transmission Holdings is expected to announce second quarter financial results on July 25, 2016. In its latest earnings announced on April 25, 2016, the company posted earnings per share at $0.66 which topped the consensus $0.58 projection. Revenue came in at $462.1million versus consensus estimate of $447.31 million. Register for free and access your note on ALSN at: http://www.activewallst.com/registration-3/?symbol=ALSN.

Lear Corp. (NYSE: LEA)

Southfield, Michigan headquartered Lear Corp.'s stock rose 1.07%, finishing yesterday's session at $111.34. A total volume of 924,580 shares was traded, which was above their three months average volume of 873,540 shares. The Company's shares have advanced 1.67% in the previous three months. The stock is trading below its 50-day moving average by 0.67%. Additionally, shares of Lear, which designs, develops, engineers, manufactures, assembles, and supplies automotive seating, electrical distribution systems, and related components primarily to automotive original equipment manufacturers globally, traded at a PE ratio of 10.09 and have an RSI of 55.34.

On July 04, 2016, the Executive Committee of the IULTCS, the International Union of Leather Technologists and Chemists Society, announced that Lear Corporation has agreed to sponsor the 2017 research grant for young scientists. The note on LEA is available for free at: http://www.activewallst.com/registration-3/?symbol=LEA.

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SOURCE: Active Wall Street