Autoliv Reaches New 52-Week High (ALV)

NEW YORK ( TheStreet) -- Autoliv (NYSE: ALV) hit a new 52-week high Thursday as it is currently trading at $83.98, above its previous 52-week high of $83.31 with 85,348 shares traded as of 10:36 a.m. ET. Average volume has been 590,000 shares over the past 30 days.

Autoliv has a market cap of $7.8 billion and is part of the consumer goods sector and automotive industry. Shares are up 23.6% 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.

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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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