Moreover, the 36-month beta value for DAN is 2.40. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 6 as “hold,” and 0 as “sell.”
The average price recommended by analysts for Dana Incorporated (DAN) is $16.43, which is $2.45 above the current market price. The public float for DAN is 142.60M and currently, short sellers hold a 2.75% of that float. On March 16, 2023, DAN’s average trading volume was 970.47K shares.
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DAN) stock’s latest price update
Dana Incorporated (NYSE: DAN)’s stock price has decreased by -3.72 compared to its previous closing price of 14.25. however, the company has experienced a -13.76% decrease in its stock price over the last five trading days.
DAN’s Market Performance
DAN’s stock has fallen by -13.76% in the past week, with a monthly drop of -25.64% and a quarterly drop of -14.94%. The volatility ratio for the week is 4.62% while the volatility levels for the last 30 days are 3.62% for Dana Incorporated The simple moving average for the last 20 days is -15.13% for DAN stock, with a simple moving average of -13.01% for the last 200 days.
Analysts’ Opinion of DAN
Many brokerage firms have already submitted their reports for DAN stocks, with Barclays repeating the rating for DAN by listing it as a “Equal Weight.” The predicted price for DAN in the upcoming period, according to Barclays is $20 based on the research report published on February 15th of the current year 2023.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see DAN reach a price target of $16, previously predicting the price at $15. The rating they have provided for DAN stocks is “Sector Perform” according to the report published on October 28th, 2022.
Deutsche Bank gave a rating of “Hold” to DAN, setting the target price at $15 in the report published on August 04th of the previous year.
DAN Trading at -19.00% from the 50-Day Moving Average
After a stumble in the market that brought DAN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.91% of loss for the given period.
Volatility was left at 3.62%, however, over the last 30 days, the volatility rate increased by 4.62%, as shares sank -26.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.32% lower at present.
During the last 5 trading sessions, DAN fell by -13.76%, which changed the moving average for the period of 200-days by -14.36% in comparison to the 20-day moving average, which settled at $15.92. In addition, Dana Incorporated saw -9.32% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DAN starting from Aghili Aziz, who sale 35,205 shares at the price of $17.75 back on Dec 01. After this action, Aghili Aziz now owns 3,101 shares of Dana Incorporated, valued at $624,904 using the latest closing price.
Kamsickas James Kevin, the Chairman & CEO of Dana Incorporated, sale 400,000 shares at $17.78 during a trade that took place back on Nov 16, which means that Kamsickas James Kevin is holding 354,728 shares at $7,113,360 based on the most recent closing price.
Stock Fundamentals for DAN
Current profitability levels for the company are sitting at:
- +2.50 for the present operating margin
- +7.44 for the gross margin
The net margin for Dana Incorporated stands at -2.38. Equity return is now at value -13.90, with -3.10 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.54.
Conclusion
To wrap up, the performance of Dana Incorporated (DAN) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
