In the past week, DAN stock has gone up by 3.62%, with a monthly gain of 6.69% and a quarterly plunge of -6.61%. The volatility ratio for the week is 4.73%, and the volatility levels for the last 30 days are 3.84% for Dana Inc The simple moving average for the past 20 days is 3.99% for DAN’s stock, with a -8.42% simple moving average for the past 200 days.
Is It Worth Investing in Dana Inc (NYSE: DAN) Right Now?
DAN has 36-month beta value of 2.27. 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.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for DAN is 143.62M, and currently, short sellers hold a 3.56% ratio of that float. The average trading volume of DAN on October 21, 2024 was 1.43M shares.
DAN) stock’s latest price update
The stock price of Dana Inc (NYSE: DAN) has surged by 0.72 when compared to previous closing price of 11.09, but the company has seen a 3.62% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-10-14 that MAUMEE, Ohio, Oct. 14, 2024 /PRNewswire/ — Dana Incorporated (NYSE: DAN) will release its 2024 third-quarter financial results on Wednesday, Oct. 30, 2024. A press release will be issued at approximately 7 a.m.
Analysts’ Opinion of DAN
Many brokerage firms have already submitted their reports for DAN stocks, with Wells Fargo repeating the rating for DAN by listing it as a “Underweight.” The predicted price for DAN in the upcoming period, according to Wells Fargo is $9 based on the research report published on September 20, 2024 of the current year 2024.
Deutsche Bank, on the other hand, stated in their research note that they expect to see DAN reach a price target of $12. The rating they have provided for DAN stocks is “Hold” according to the report published on September 10th, 2024.
DAN Trading at 5.64% 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 -25.88% of loss for the given period.
Volatility was left at 3.84%, however, over the last 30 days, the volatility rate increased by 4.73%, as shares surge +13.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.78% upper at present.
During the last 5 trading sessions, DAN rose by +3.62%, which changed the moving average for the period of 200-days by -18.47% in comparison to the 20-day moving average, which settled at $10.74. In addition, Dana Inc saw -23.55% 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 0.39. 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 mixed 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.
