Additionally, the 36-month beta value for DAN is 2.36. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 6 rating it as “hold,” and 1 rating it as “sell.”
The public float for DAN is 129.34M and currently, short sellers hold a 2.47% ratio of that float. The average trading volume of DAN on December 02, 2024 was 2.08M shares.
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DAN) stock’s latest price update
The stock price of Dana Inc (NYSE: DAN) has surged by 15.00 when compared to previous closing price of 10.00, but the company has seen a 34.66% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-12-02 that MAUMEE, Ohio, Dec. 2, 2024 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today it will participate in the UBS Global Industrials and Transportation Conference on Dec. 4, 2024. Beginning at 12:10 p.m.
DAN’s Market Performance
DAN’s stock has risen by 34.66% in the past week, with a monthly rise of 49.93% and a quarterly rise of 5.80%. The volatility ratio for the week is 5.91% while the volatility levels for the last 30 days are 5.04% for Dana Inc The simple moving average for the past 20 days is 31.78% for DAN’s stock, with a -0.21% simple moving average for the past 200 days.
Analysts’ Opinion of DAN
Wells Fargo, on the other hand, stated in their research note that they expect to see DAN reach a price target of $9, previously predicting the price at $13. The rating they have provided for DAN stocks is “Underweight” according to the report published on September 20th, 2024.
Deutsche Bank gave a rating of “Hold” to DAN, setting the target price at $12 in the report published on September 10th of the current year.
DAN Trading at 18.45% 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 -23.69% of loss for the given period.
Volatility was left at 5.04%, however, over the last 30 days, the volatility rate increased by 5.91%, as shares surge +45.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.41% upper at present.
During the last 5 trading sessions, DAN rose by +34.54%, which changed the moving average for the period of 200-days by -17.16% in comparison to the 20-day moving average, which settled at $8.73. In addition, Dana Inc saw -21.29% 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 -1.04, with -0.20 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 0.16. The debt to equity ratio resting at 1.8. The interest coverage ratio of the stock is 2.18.
Currently, EBITDA for the company is 748.0 million with net debt to EBITDA at 3.42. When we switch over and look at the enterprise to sales, we see a ratio of 0.4. The receivables turnover for the company is 6.16for trailing twelve months and the total asset turnover is 1.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.49.
Conclusion
In conclusion, Dana Inc (DAN) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
