The stock of Dana Inc (DAN) has gone down by -11.34% for the week, with a -7.50% drop in the past month and a -29.15% drop in the past quarter. The volatility ratio for the week is 3.77%, and the volatility levels for the past 30 days are 2.88% for DAN. The simple moving average for the last 20 days is -12.39% for DAN’s stock, with a simple moving average of -26.06% for the last 200 days.
Is It Worth Investing in Dana Inc (NYSE: DAN) Right Now?
DAN has 36-month beta value of 2.30. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 8 as “hold,” and 1 as “sell.”
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The public float for DAN is 143.62M, and currently, short sellers hold a 3.44% ratio of that float. The average trading volume of DAN on September 12, 2024 was 1.10M shares.
DAN) stock’s latest price update
The stock price of Dana Inc (NYSE: DAN) has dropped by -1.16 compared to previous close of 9.49. Despite this, the company has seen a fall of -11.34% in its stock price over the last five trading days. seekingalpha.com reported 2024-08-28 that Dana’s outlook has weakened, particularly in off-highway and electrification, leading to a significant decline in share price since the last update. Q2 results were mixed; revenue declined slightly, but operational efficiency efforts helped maintain margins despite weaker demand and electrification pushouts. Near-term drivers for Dana are limited, with commercial trucks and off-highway markets expected to remain weak, though light trucks and long-term remain positive.
Analysts’ Opinion of DAN
Many brokerage firms have already submitted their reports for DAN stocks, with Deutsche Bank repeating the rating for DAN by listing it as a “Hold.” The predicted price for DAN in the upcoming period, according to Deutsche Bank is $12 based on the research report published on September 10, 2024 of the current year 2024.
UBS gave a rating of “Neutral” to DAN, setting the target price at $17 in the report published on September 13th of the previous year.
DAN Trading at -16.74% 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 -41.04% of loss for the given period.
Volatility was left at 2.88%, however, over the last 30 days, the volatility rate increased by 3.77%, as shares sank -11.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.78% lower at present.
During the last 5 trading sessions, DAN fell by -11.34%, which changed the moving average for the period of 200-days by -27.06% in comparison to the 20-day moving average, which settled at $10.65. In addition, Dana Inc saw -35.80% 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 0.36. 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
To put it simply, Dana Inc (DAN) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.
