Dana Incorporated (DAN) Plunges 8.14% on March 22

Equities Staff  |

Dana Incorporated (DAN) had a rough trading day for Friday March 22 as shares tumbled 8.14%, or a loss of $-1.47 per share, to close at $16.60. After opening the day at $17.82, shares of Dana Incorporated traded as high as $17.88 and as low as $16.59. Volume was 2.11 million shares over 14,042 trades, against an average daily volume of n/a shares and a total float of 143.46 million.

As a result of the decline, Dana Incorporated now has a market cap of $2.38 billion. In the last year, shares of Dana Incorporated have traded between a range of $27.13 and $12.65, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of Dana Incorporated, check out Equities.com’s Stock Valuation Analysis report for DAN.

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Dana Inc is a supplier of driveline (axles, driveshafts, and transmissions), sealing, and thermal-management technologies for vehicles with both conventional and alternative-energy powertrains. The company produces for original-equipment manufacturers and the aftermarket for Light Vehicle Driveline Technologies (Light Vehicle), Commercial Vehicle Driveline Technologies (Commercial Vehicle), Off-Highway Drive and Motion Technologies (Off-Highway) and Power Technologies. Dana operates in generates the majority of its revenue from its light vehicle segment, selling primarily to Ford, Hyundai, Tata, Nissan, GM, and Toyota. The company's largest end market is North America.

Dana Incorporated is based out of Maumee, OH and has some 30,900 employees. Its CEO is James K. Kamsickas.

Dana Incorporated is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Dana Incorporated and to follow the company’s latest updates, you can visit the company’s profile page here: DAN’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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