the Company acquired Delphi`s Occupant Protection Systems operations
Shares of AUTOLIV INC (NYSE: ALV) hit a new 52-week high on Tuesday. The stock traded as high as $82.18 during mid-day trading and last traded at $81.53. The stock previously closed at $81.91.
Autoliv, Inc. (Autoliv) is a holding company and and owns two principal subsidiaries, AAB and Autoliv ASP, Inc. (ASP). It supplies automotive safety systems, with a range of product offerings, including modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, safety electronics, whiplash protection systems and child seats, as well as night vision systems, radar and other active safety systems. Its markets are in Europe, North America, Japan and Asia-Pacific. Autoliv has two main operating segments: airbags/seatbelt (including restraint electronics) products, and active safety electronics products. In March 2010, it acquired Visteon Corporation’s radar system business. In April 2010, the Company acquired Delphi`s Occupant Protection Systems operations in Korea and China. In addition, in April 2010, Autoliv Inc.’s Automotive Holding AS increased its stake in Norma AS from 51% to 93.74%.
AUTOLIV INC (NYSE: ALV) traded down 0.89% during mid-day trading on Tuesday. The stock has a 52 week low of $40.35 and a 52 week high of $81.99. Its 50-day moving average is $77.60 and its 200-day moving average is $64.22. The company has a market cap of $7.202 billion and a price-to-earnings ratio of 16.09.
