Dana Inc (NYSE:DAN) shares, rose in value, with the stock price up by 3.42% to the previous day’s close as strong demand from buyers drove the stock to $11.48.
Actively observing the price movement in the recent trading, the stock is buoying the session at $11.10, falling within a range of $11.046 and $11.68. The value of beta (5-year monthly) is 2.251. Referring to stock’s 52-week performance, its high was $16.90, and the low was $7.58. On the whole, DAN has fluctuated by -19.50% over the past month.
With the market capitalization of Dana Inc currently standing at about $1.67 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-19. The company’s Forward Dividend Ratio is 0.40, with its dividend yield at 3.48%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 9.6B, with a low estimate of 2.24B and a high estimate of 2.34B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.28B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DAN’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of DAN currently trading nearly -7.55% and -18.01% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.59, while the 7-day volatility ratio is showing 6.08% which for the 30-day chart, stands at 7.06%. Furthermore, Dana Inc (DAN)’s beta value is 2.09, and its average true range (ATR) is 0.88.
A comparison of Dana Inc (DAN) with its peers suggests the former has fared considerably weaker in the market. DAN showed an intraday change of 3.42% in today’s session so far, and over the past year, it shrunk by -3.29%%.
Data on historical trading for Dana Inc (NYSE:DAN) indicates that the trading volumes over the past 10 days have averaged 2.34 and over the past 3 months, they’ve averaged 1.76 million. According to company’s latest data on outstanding shares, there are 144.99 million shares outstanding.
Nearly 10.90% of Dana Inc’s shares belong to company insiders and institutional investors own 91.28% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.73 million shares as on 2025-03-31, resulting in a short ratio of 3.65. According to the data, the short interest in Dana Inc (DAN) stood at 548.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 5.24 million. The stock has fallen by -0.69% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DAN stock heading into the next quarter.
