Autoliv Reaches New 52-Week High (ALV)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Autoliv (NYSE: ALV) hit a new 52-week high Thursday as it is currently trading at $69.97, above its previous 52-week high of $69.90 with 285,372 shares traded as of 3:27 p.m. ET. Average volume has been 625,900 shares over the past 30 days.

Autoliv has a market cap of $6.55 billion and is part of the consumer goods sector and automotive industry. Shares are up 2.2% year to date as of the close of trading on Wednesday.

Autoliv, Inc., through its subsidiaries, engages in the development, manufacture, and supply of automotive safety systems to the automotive industry. The company has a P/E ratio of 13.5, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Autoliv as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Autoliv Ratings Report.

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