Company’s 36-month beta value is 2.29.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 8 as “hold,” and 1 as “sell.”
The public float for DAN is 143.51M, and currently, short sellers hold a 3.74% ratio of that floaft. The average trading volume of DAN on August 23, 2024 was 1.12M shares.
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DAN) stock’s latest price update
Dana Inc (NYSE: DAN) has experienced a decline in its stock price by -1.75 compared to its previous closing price of 10.87. However, the company has seen a fall of -0.93% in its stock price over the last five trading days. prnewswire.com reported 2024-08-22 that MAUMEE, Ohio, Aug. 22, 2024 /PRNewswire/ — Dana Incorporated (NYSE: DAN) recently announced its 2023 Supplier Awards recipients. Eight companies representing five countries were recognized for displaying excellence in supporting Dana’s strategy.
DAN’s Market Performance
DAN’s stock has fallen by -0.93% in the past week, with a monthly drop of -9.49% and a quarterly drop of -22.83%. The volatility ratio for the week is 1.99% while the volatility levels for the last 30 days are 3.56% for Dana Inc The simple moving average for the last 20 days is -3.73% for DAN’s stock, with a simple moving average of -16.55% for the last 200 days.
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 -9.26% 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 -35.15% of loss for the given period.
Volatility was left at 3.56%, however, over the last 30 days, the volatility rate increased by 1.99%, as shares sank -9.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.34% lower at present.
During the last 5 trading sessions, DAN fell by -0.93%, which changed the moving average for the period of 200-days by -13.38% in comparison to the 20-day moving average, which settled at $11.04. In addition, Dana Inc saw -26.90% 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 Kellett James D, who sale 4,357 shares at the price of $14.01 back on May 16 ’24. After this action, Kellett James D now owns 6,279 shares of Dana Inc, valued at $61,040 using the latest closing price.
Stock Fundamentals for DAN
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.08 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 -0.06, with -0.01 for asset returns.
Based on Dana Inc (DAN), the company’s capital structure generated 0.64 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 1.8. The interest coverage ratio of the stock is 2.15.
Currently, EBITDA for the company is 792.0 million with net debt to EBITDA at 3.15. When we switch over and look at the enterprise to sales, we see a ratio of 0.38. The receivables turnover for the company is 6.09for trailing twelve months and the total asset turnover is 1.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.48.
Conclusion
In a nutshell, Dana Inc (DAN) has experienced a bad performance in recent times. The stock has received mixed “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.
