NEW YORK (
) is trading at unusually high volume Thursday with 9.7 million shares changing hands. It is currently at four times its average daily volume and trading down $2.68 (-13.4%) at $17.34 as of 2:11 p.m. ET.
ArvinMeritor has a market cap of $1.8 billion and is part of the
industry. Shares are down 2.4% year to date as of the close of trading on Wednesday.
ArvinMeritor, Inc. supplies a range of integrated systems, modules, and components to truck, trailer, off-highway, military, bus and coach, and other industrial original equipment manufacturers (OEMs), as well as aftermarkets and light vehicle OEMs worldwide.
TheStreet Ratings rates ArvinMeritor as sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, poor profit margins and weak operating cash flow. You can view the full
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