Autoliv (ALV) Trading With Heavy Volume Before Market Open

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Trade-Ideas LLC identified Autoliv ( ALV) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Autoliv as such a stock due to the following factors:

  • ALV has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $61.6 million.
  • ALV traded 48,982 shares today in the pre-market hours as of 8:59 AM, representing 10.4% of its average daily volume.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in ALV with the Ticky from Trade-Ideas. See the FREE profile for ALV NOW at Trade-Ideas

More details on ALV:

Autoliv, Inc., through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry worldwide. It operates through two segments, Passive Safety and Active Safety. The stock currently has a dividend yield of 1.8%. ALV has a PE ratio of 31. Currently there are 2 analysts that rate Autoliv a buy, 5 analysts rate it a sell, and 3 rate it a hold.

The average volume for Autoliv has been 440,700 shares per day over the past 30 days. Autoliv has a market cap of $11.0 billion and is part of the consumer goods sector and automotive industry. The stock has a beta of 0.89 and a short float of 4.7% with 9.90 days to cover. Shares are up 18.9% year-to-date as of the close of trading on Monday.

If you liked this article you might like

5 Things You Must Know Before the Market Opens Tuesday

Ferrari, Toyota and Autoliv Stocks Are Breaking Out

3 Car Stocks Are Breaking Out (They're Not the Ones You Think!)

Analysts' Actions -- Tableau Data, Autodesk, Mattel, Hasbro, Shake Shack and More

Analysts' Actions -- Adobe, Macy's, Roper, Under Armour and More