The stock of Dana Inc (DAN) has seen a -0.40% decrease in the past week, with a -1.66% drop in the past month, and a -10.06% decrease in the past quarter. The volatility ratio for the week is 2.50%, and the volatility levels for the past 30 days are at 2.36% for DAN. The simple moving average for the last 20 days is 0.70% for DAN’s stock, with a simple moving average of -11.10% for the last 200 days.
Is It Worth Investing in Dana Inc (NYSE: DAN) Right Now?
Dana Inc (NYSE: DAN) has a higher price-to-earnings ratio of 47.23x compared to its average ratio, The 36-month beta value for DAN is at 2.47. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 8 as “hold,” and 1 as “sell.”
The public float for DAN is 143.04M, and currently, shorts hold a 4.20% of that float. The average trading volume for DAN on May 01, 2024 was 1.36M shares.
DAN) stock’s latest price update
Dana Inc (NYSE: DAN)’s stock price has dropped by -1.51 in relation to previous closing price of 12.62. Nevertheless, the company has seen a loss of -0.40% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-30 that Although the revenue and EPS for Dana (DAN) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Analysts’ Opinion of DAN
Many brokerage firms have already submitted their reports for DAN stocks, with UBS repeating the rating for DAN by listing it as a “Neutral.” The predicted price for DAN in the upcoming period, according to UBS is $17 based on the research report published on September 13, 2023 of the previous year 2023.
Barclays, on the other hand, stated in their research note that they expect to see DAN reach a price target of $20. The rating they have provided for DAN stocks is “Equal Weight” according to the report published on February 15th, 2023.
RBC Capital Mkts gave a rating of “Sector Perform” to DAN, setting the target price at $16 in the report published on October 28th of the previous year.
DAN Trading at 0.76% 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 -37.06% of loss for the given period.
Volatility was left at 2.36%, however, over the last 30 days, the volatility rate increased by 2.50%, as shares surge +0.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.06% lower at present.
During the last 5 trading sessions, DAN fell by -0.40%, which changed the moving average for the period of 200-days by -30.25% in comparison to the 20-day moving average, which settled at $12.35. In addition, Dana Inc saw -14.92% 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 30,000 shares at the price of $19.19 back on Aug 01 ’23. After this action, Aghili Aziz now owns 14,975 shares of Dana Inc, valued at $575,674 using the latest closing price.
Kellett James D, the VP & Chief Accounting Officer of Dana Inc, sale 14,437 shares at $19.08 during a trade that took place back on Aug 01 ’23, which means that Kellett James D is holding 6,279 shares at $275,419 based on the most recent closing price.
Stock Fundamentals for DAN
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.09 for the gross margin
The net margin for Dana Inc stands at 0.0. The total capital return value is set at 0.07. Equity return is now at value 2.43, with 0.49 for asset returns.
Based on Dana Inc (DAN), the company’s capital structure generated 0.66 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 1.91. The interest coverage ratio of the stock is 2.31.
Currently, EBITDA for the company is 792.0 million with net debt to EBITDA at 3.68. When we switch over and look at the enterprise to sales, we see a ratio of 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.58.
Conclusion
In conclusion, Dana Inc (DAN) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. 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.
