Boston, MA 05/21/2013 (wallstreetpr) – Monday’s trading session saw Tenneco Inc (NYSE:TEN) climbing up by 1.29%. It closed at a price of $43.16 which reached an intraday high of $43.29 before heading down to close at $42.41 per share. The average volume of 0.695 million shares was measured over a 30-day period.
Tenneco Inc (NYSE:TEN) is a company that produces ride control and emission control systems and products. These are used in commercial, light as well as various specialty vehicle applications. Tenneco Inc (NYSE:TEN) serves the repair and replacement markets or the aftermarket as well as original equipment vehicle manufacturers (OEMs) aftermarket, globally. It has a variety of mechanical shock absorbers and other related components that are used in heavy-duty and light-vehicles. These include monotube and twin-tube shock absorbers. It offers a line of strut assemblies and struts that are used in light vehicles. The vibration control components (Clevite Elastomers, Axios) that the company offers include various suspension arms, links and rods for light- and heavy-duty vehicles. The company’s Kinetic suspension technology includes a suite of nearly equal wheel-loading and roll-control systems. These range from hydraulic systems to featuring mechanical systems.
TEN serves the replacement and OEMs markets, globally via brands such as Axios, Rancho, Monroe, Marzocchi, Clevite Elastomers, Kinetic and other Fric-Rot ride control products. Its emission control products include Fonos, Walker, DynoMax, Thrush, and Lukey. As a supplier of parts, TEN produces individual component parts for various vehicles.
