Let’s start up with the current stock price of Dana Incorporated (DAN), which is $13.76 to be very precise. The Stock rose vividly during the last session to $14.65 after opening rate of $14.65 while the lowest price it went was recorded $13.75 before closing at $14.87.Recently in News on August 31, 2022, Dana Introduces New Brevini EvoMax™ Helical and Bevel-helical Gearbox Range for Marine, Offshore Applications at SMM 2022. Dana Incorporated (NYSE: DAN) announced today the launch of the Brevini EvoMax™ series of helical and bevel-helical gearboxes for marine and offshore applications. The gearbox range introduces five completely new sizes and includes 14 redesigned gearboxes to provide higher torque, greater efficiency, and longer service. You can read further details here
Dana Incorporated had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $25.51 on 01/18/22, with the lowest value was $13.06 for the same time period, recorded on 06/17/22.
Dana Incorporated (DAN) full year performance was -34.60%
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 -46.23% during the 52-week period from high price, and 5.32% 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 $13.06 and $25.59.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 1959616 for the day, which was evidently higher, 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 -39.70%, having the revenues showcasing -3.17% 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 1.99B, as it employees total of 41300 workers.
Dana Incorporated (DAN) in the eye of market guru’s
During the last month, 4 analysts gave the Dana Incorporated a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 4 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 15.49, with a change in the price was noted -0.55. In a similar fashion, Dana Incorporated posted a movement of -3.84% for the period of last 100 days, recording 1,284,717 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 1.40 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.27.
Dana Incorporated (DAN): Stocks Technical analysis and Trends
Raw Stochastic average of Dana Incorporated in the period of last 50 days is set at 5.50%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 0.30%. In the last 20 days, the company’s Stochastic %K was 13.03% and its Stochastic %D was recorded 14.35%.
If we look into the earlier routines of Dana Incorporated, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -39.70%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -22.96%, alongside a downfall of -34.60% for the period of the last 12 months. The shares increased approximately by -8.39% in the 7-day charts and went up by -17.85% in the period of the last 30 days. Common stock shares were lifted by -3.17% during last recorded quarter.