Let’s start up with the current stock price of Dana Incorporated (DAN), which is $24.82 to be very precise. The Stock rose vividly during the last session to $25.20 after opening rate of $24.55 while the lowest price it went was recorded $24.33 before closing at $24.15.Recently in News on January 7, 2022, Dana Incorporated Announces Two Appointments to Board of Directors, Reaches Agreement with Icahn Capital. Dana Incorporated (NYSE: DAN) today announced that it has entered into an agreement with Icahn Capital, whereby Brett Icahn and Gary Hu, both of whom are portfolio managers at Icahn Capital, will join the Dana Board of Directors, effective immediately, and stand for election at the company’s 2022 Annual Meeting of Shareholders. You can read further details here
Dana Incorporated had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $25.20 on 01/13/22, with the lowest value was $22.91 for the same time period, recorded on 01/03/22.
Dana Incorporated (DAN) full year performance was 17.63%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Dana Incorporated shares are logging -12.73% during the 52-week period from high price, and 31.71% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $18.84 and $28.44.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 545369 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Dana Incorporated (DAN) recorded performance in the market was 8.76%, having the revenues showcasing 0.36% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 3.60B, as it employees total of 39500 workers.
Analysts verdict on Dana Incorporated (DAN)
During the last month, 9 analysts gave the Dana Incorporated a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 23.11, with a change in the price was noted +2.05. In a similar fashion, Dana Incorporated posted a movement of +9.00% for the period of last 100 days, recording 954,190 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for DAN is recording 1.33 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.29.
Dana Incorporated (DAN): Technical Analysis
Raw Stochastic average of Dana Incorporated in the period of last 50 days is set at 91.85%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 91.85%. In the last 20 days, the company’s Stochastic %K was 85.21% and its Stochastic %D was recorded 82.17%.
Let’s take a glance in the erstwhile performances of Dana Incorporated, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 8.76%. Additionally, trading for the stock in the period of the last six months notably improved by 10.95%, alongside a boost of 17.63% for the period of the last 12 months. The shares increased approximately by 3.03% in the 7-day charts and went down by 13.23% in the period of the last 30 days. Common stock shares were driven by 0.36% during last recorded quarter.