Can Dana Inc’s (DAN) hike of 7.06% in a week be considered a lucky break?

On Friday, Dana Inc (NYSE: DAN) opened higher 3.10% from the last session, before settling in for the closing price of $15.15. Price fluctuations for DAN have ranged from $7.58 to $16.90 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Annual sales at Consumer Cyclical sector company grew by 4.64% over the past five years. Company’s average yearly earnings per share was noted 43.14% at the time writing. With a float of $129.85 million, this company’s outstanding shares have now reached $145.73 million.

Let’s look at the performance matrix of the company that is accounted for 39600 employees. In terms of profitability, gross margin is 8.51%, operating margin of 3.31%, and the pretax margin is 0.82%.

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 10.91%, while institutional ownership is 89.08%. The most recent insider transaction that took place on May 16 ’24, was worth 61,040. In this transaction VP & Chief Accounting Officer of this company sold 4,357 shares at a rate of $14.01, taking the stock ownership to the 6,279 shares.

Dana Inc (DAN) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 43.14% per share during the next fiscal year.

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 0.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.23. Likewise, its price to free cash flow for the trailing twelve months is 17.51.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.24, a number that is poised to hit 0.35 in the next quarter and is forecasted to reach 1.84 in one year’s time.

Technical Analysis of Dana Inc (DAN)

Dana Inc (NYSE: DAN) saw its 5-day average volume 1.64 million, a negative change from its year-to-date volume of 1.76 million. As of the previous 9 days, the stock’s Stochastic %D was 94.12%. Additionally, its Average True Range was 0.75.

During the past 100 days, Dana Inc’s (DAN) raw stochastic average was set at 81.15%, which indicates a significant decrease from 99.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.37% in the past 14 days, which was lower than the 59.95% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.29, while its 200-day Moving Average is $11.99. Nevertheless, the first resistance level for the watch stands at $15.81 in the near term. At $16.01, the stock is likely to face the second major resistance level. The third major resistance level sits at $16.37. If the price goes on to break the first support level at $15.26, it is likely to go to the next support level at $14.90. The third support level lies at $14.70 if the price breaches the second support level.

Dana Inc (NYSE: DAN) Key Stats

There are currently 145,739K shares outstanding in the company with a market cap of 2.28 billion. Presently, the company’s annual sales total 10,284 M according to its annual income of -57,000 K. Last quarter, the company’s sales amounted to 2,352 M and its income totaled 25,000 K.