Zacks Investment Research upgraded Federal-Mogul Holdings Corp (NASDAQ:FDML) to Hold in a report released today.
- Updated: September 26, 2016
Zacks Investment Research has upgraded Federal-Mogul Holdings Corp (NASDAQ:FDML) to Hold in a statement released on Monday September 26, 2016.
Boasting a price of $9.51, Federal-Mogul Holdings Corp (NASDAQ:FDML) traded -2.96% lower on the day. With the last stock price close up 6.14% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Federal-Mogul Holdings Corp has recorded a 50-day average of $9.23 and a two hundred day average of $8.96. Volume of trade was down over the average, with 85,644 shares of FDML changing hands under the typical 122,706
With a total market value of $0, Federal-Mogul Holdings Corp has with a one year low of $3.81 and a one year high of $10.00 .
A total of 1 equity analyst has released a ratings update on FDML. zero equity analysts rating the company a strong buy, one equity analyst rating the company a buy, two equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $7.00.
Brief Synopsis About Federal-Mogul Holdings Corp (NASDAQ:FDML)
Federal-Mogul Holdings Corporation is a supplier of technology in vehicle and industrial products for fuel economy, emissions reduction and safety systems. The Company operates in two segments: Powertrain and Motorparts. The Powertrain segment focuses on original equipment products for automotive, heavy duty and industrial applications. The Motorparts segment sells and distributes a portfolio of products in the global aftermarket. Products in the Powertrain segment include pistons, piston rings, piston pins, cylinder liners, valve seats and guides, engine valves, engine bearings, industrial bearings, bushings and washers, ignition products, dynamic seals, bonded piston seals, combustion and exhaust gaskets, static gaskets and seals, rigid heat shields, flexible heat shields, element resistant sleeving and lighting products. Its brands include Wagner, Abex, Ferodo, Jurid, Stop, QuickStop, ThermoQuiet, MOOG, QuickSteer, ANCO, Champion, Sealed Power, Speed Pro, FP Diesel and Beru.
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