Autoliv Stock Hits 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 Friday as it is currently trading at $78.67, above its previous 52-week high of $78.65 with 395,078 shares traded as of 2:01 p.m. ET. Average volume has been 581,100 shares over the past 30 days.

Autoliv has a market cap of $7.46 billion and is part of the consumer goods sector and automotive industry. Shares are up 15.5% year to date as of the close of trading on Thursday.

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 14.7, 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 solid stock price performance, increase in net income, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Autoliv Ratings Report.

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