Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Autoliv Inc before investing.

In this article, we go over a few key elements for understanding Autoliv Inc’s stock price such as:

• Autoliv Inc’s current stock price and volume
• Why Autoliv Inc’s stock price changed recently
• Upgrades and downgrades for ALV from analysts
• ALV’s stock price momentum as measured by its relative strength

About Autoliv Inc (ALV)

Before we jump into Autoliv Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Autoliv, Inc. is a developer, manufacturer, and supplier of safety systems to the automotive industry with a range of product offerings, primarily passive safety systems. Passive safety systems include modules and components for frontal-impact airbag protection systems, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies and battery cut-off switches. The Company also develops and manufactures mobility safety solutions, such as pedestrian protection, battery cut-off switches, connected safety services and safety solutions for riders of powered two wheelers. The Company has one operating segment, which includes Autoliv’s airbag and seatbelt products and components. Its subsidiaries include Autoliv AB and Autoliv ASP, Inc. The Company operates its business in geographical regions, such as Europe, the Americas, China, Japan, and the Rest of Asia (ROA). The Company has approximately 62 production facilities in 25 countries.

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Autoliv Inc’s Stock Price as of Market Close

As of June 11, 2024, 4:00 PM, CST, Autoliv Inc’s stock price was $113.52.

Autoliv Inc is down 4.75% from its previous closing price of $119.18.

During the last market session, Autoliv Inc’s stock traded between $118.03 and $119.74. Currently, there are 82.30 million shares of Autoliv Inc stock available for purchase.

Autoliv Inc’s price-earnings (P/E) ratio is currently at 18.6, which is high compared to the Auto, Truck & Motorcycle Parts industry median of 16.4. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Autoliv Inc Stock Price History

Autoliv Inc’s (ALV) price is currently down 11.01% so far this month.

During the month of June, Autoliv Inc’s stock price has reached a high of $128.66 and a low of $112.46.

Over the last year, Autoliv Inc has hit prices as high as $129.38 and as low as $82.21. Year to date, Autoliv Inc’s stock is up 48.24%.

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What Caused Autoliv Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of June 10, 2024, there was 1 analyst who downgraded Autoliv Inc’s stock and 7 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Autoliv Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Autoliv Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Autoliv Inc’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Autoliv Inc (ALV) by visiting AAII Stock Evaluator.

Relative Price Strength of Autoliv Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of June 10, 2024, Autoliv Inc has a weighted four-quarter relative price strength of 0.97%, which translates to a Momentum Score of 74 and is considered to be Strong.

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Autoliv Inc Stock Price: Bottom Line

As of June 11, 2024, Autoliv Inc’s stock price is $113.52, which is down 4.75% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Autoliv Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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