On Tuesday, Dana Inc (NYSE: DAN) opened higher 1.09% from the last session ,before settling in for the closing price of $12.81. Price fluctuations for DAN have ranged from $11.10 to $19.75 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 6.33% over the past five years. Company’s average yearly earnings per share was noted 5.41% at the time writing. With a float of $143.04 million, this company’s outstanding shares have now reached $144.39 million.
Let’s look at the performance matrix of the company that is accounted for 41800 employees.
Dana Inc (DAN) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Auto Parts industry is another important factor to consider. The insider ownership of Dana Inc is 0.93%, while institutional ownership is 97.88%. The most recent insider transaction that took place on Aug 01 ’23, was worth 575,674. In this transaction EVP &Pres Off-Hwy Technologies of this company sold 30,000 shares at a rate of $19.19, taking the stock ownership to the 14,975 shares. Before that another transaction happened on Aug 01 ’23, when Company’s VP & Chief Accounting Officer sold 14,437 for $19.08, making the entire transaction worth $275,419. This insider now owns 6,279 shares in total.
Dana Inc (DAN) Latest Financial update
If we go through the results of last quarter, which was made public on 12/30/2023, the company posted -$0.08 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.06) by -$0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.27 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 34.51% during the next five years compared to -38.20% drop over the previous five years of trading.
Dana Inc (NYSE: DAN) Trading Performance Indicators
Check out the current performance indicators for Dana Inc (DAN). In the past quarter, the stock posted a quick ratio of 0.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.26, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 1.51 in one year’s time.
Technical Analysis of Dana Inc (DAN)
Dana Inc (NYSE: DAN) saw its 5-day average volume 0.95 million, a negative change from its year-to-date volume of 1.23 million. As of the previous 9 days, the stock’s Stochastic %D was 75.91%. Additionally, its Average True Range was 0.35.
During the past 100 days, Dana Inc’s (DAN) raw stochastic average was set at 41.92%, which indicates a significant decrease from 97.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.74% in the past 14 days, which was lower than the 36.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.74, while its 200-day Moving Average is $14.32. Nevertheless, the first resistance level for the watch stands at $13.03 in the near term. At $13.11, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.25. If the price goes on to break the first support level at $12.82, it is likely to go to the next support level at $12.68. The third support level lies at $12.60 if the price breaches the second support level.
Dana Inc (NYSE: DAN) Key Stats
There are currently 144,950K shares outstanding in the company with a market cap of 1.87 billion. Presently, the company’s annual sales total 10,555 M according to its annual income of 38,000 K. Last quarter, the company’s sales amounted to 2,494 M and its income totaled -39,000 K.
