NEW YORK (
) -- Shares of
(ALV - Get Report)
ticked higher by 0.2% soon after the markets opened on Tuesday to $56.31, up 12 cents, on volume of about 8,300 shares.
Average daily volume is about 31,250 shares.
The Stockholm-based auto-parts maker has experienced a volatile 52-week trading period with a high of $83.86 and a low of $44.38; the stock is down 28.4% in 2011.
Autoliv, at the end of October, said third-quarter earnings fell 1%, but profit of $1.48 a share topped analysts' estimates.
The company said it expects revenue to rise more than 9% in the the fourth quarter with profit margins of as much as 11.5%.
The Justice Department and European Commission are conducting an antitrust investigation into auto parts companies, including Autoliv.
-- Written by Joe Deaux in New York.
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