On Friday, Dana Inc (NYSE: DAN) was 1.17% up from the session before settling in for the closing price of $12.01. A 52-week range for DAN has been $11.10 – $19.75.
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A company in the Consumer Cyclical sector has jumped its sales by 6.33% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 5.91%. With a float of $143.04 million, this company’s outstanding shares have now reached $144.39 million.
In an organization with 41800 employees, it is important to assess its efficiency.
Dana Inc (DAN) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Dana Inc stocks. The insider ownership of Dana Inc is 0.93%, while institutional ownership is 97.90%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 47.57 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.91% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 35.30% during the next five years compared to -38.20% drop over the previous five years of trading.
Dana Inc (NYSE: DAN) Trading Performance Indicators
You can see what Dana Inc (DAN) is doing with its current performance indicators. In the most recent 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 0.17.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.26, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 1.47 in one year’s time.
Technical Analysis of Dana Inc (DAN)
Let’s dig in a bit further. During the last 5-days, its volume was 1.71 million. That was better than the volume of 1.26 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 28.07%. Additionally, its Average True Range was 0.35.
During the past 100 days, Dana Inc’s (DAN) raw stochastic average was set at 20.00%, which indicates a significant decrease from 38.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.81% in the past 14 days, which was lower than the 34.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.47, while its 200-day Moving Average is $14.14. However, in the short run, Dana Inc’s stock first resistance to watch stands at $12.27. Second resistance stands at $12.40. The third major resistance level sits at $12.58. If the price goes on to break the first support level at $11.96, it is likely to go to the next support level at $11.78. Assuming the price breaks the second support level, the third support level stands at $11.65.
Dana Inc (NYSE: DAN) Key Stats
There are 144,950K outstanding shares of the company, which has a market capitalization of 1.75 billion. As of now, sales total 10,555 M while income totals 38,000 K. Its latest quarter income was 2,494 M while its last quarter net income were -39,000 K.
