Dana Incorporated (DAN) Soars 10.4% on February 15

Equities Staff  |

Dana Incorporated (DAN) had a good day on the market for Friday February 15 as shares jumped 10.4% to close at $19.11. About 4.44 million shares traded hands on 25,960 trades for the day, compared with an average daily volume of 1.89 million shares out of a total float of 144.66 million. After opening the trading day at $17.62, shares of Dana Incorporated stayed within a range of $19.26 to $17.55.

With today's gains, Dana Incorporated now has a market cap of $2.76 billion.

The stock has a P/E Ratio of 11.5. Shares of Dana Incorporated have been trading within a range of $29.25 and $12.65 over the last year, and it had a 50-day SMA of $15.63 and a 200-day SMA of $18.60.

Dana 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 passenger vehicles, commercial trucks, and off-highway equipment. Dana 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 31,200 employees. Its CEO is James K. Kamsickas.

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

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Dana Incorporated is also 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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