Business

Notable News to Focus: Dana Incorporated (NYSE:DAN)

Dana Incorporated (NYSE:DAN) changed 5.05% to recent value of $16.24. The stock transacted 2527324 shares during most recent day however it has an average volume of 1.15M shares. It spotted trading -22.52% off 52-week high price. On the other end, the stock has been noted 40.36% away from the low price over the last 52-weeks.

On Feb.11, 2020, Dana Incorporated (NYSE:DAN) declared that its board of directors has declared a dividend on its common stock. 

The board declared a quarterly dividend of $0.10 per share, payable March 20, 2020, to holders of Dana common stock as of Feb. 28.

About Dana Incorporated

Dana is a world leader in providing power-conveyance and energy-management solutions that are engineered to improve the efficiency, performance, and sustainability of light vehicles, commercial vehicles, and off-highway equipment.  Enabling the propulsion of conventional, hybrid, and electric-powered vehicles, Dana equips its customers with critical drive and motion systems; electrodynamic and power technologies; and thermal, sealing, and digital solutions.

Founded in 1904, Dana employs more than 36,000 people who are committed to delivering long-term value to their customers, which include nearly every vehicle manufacturer in the world.  Based in Maumee, Ohio, USA, and with locations in 33 countries across six continents, the company reported sales of $8.1 billion in 2018.  Having established a high-performance culture that focuses on its people, the company has earned recognition around the world as a top employer.

 DAN has a gross margin of 13.50% and an operating margin of 3.50% while its profit margin remained 2.80% for the last 12 months. Its earnings per share (EPS) expected to touch remained 47.10% for this year while earning per share for the next 5-years is expected to reach at 3.56%.

 The company has 148.35M of outstanding shares and 143.22M shares were floated in the market. According to the most recent quarter its current ratio was 1.6 that represents company’s ability to meet its current financial obligations. The price moved ahead of -0.42% from the mean of 20 days, -5.62% from mean of 50 days SMA and performed -0.85% from mean of 200 days price. Company’s performance for the week was -0.49%, -1.87% for month and YTD performance remained -10.77%.

Leave a Reply

Your email address will not be published. Required fields are marked *