Dana Inc. (DAN, Financial) experienced a significant stock price increase of 5.03%. The stock is currently trading at $8.36 with a trading volume of 2.15961 million shares and a turnover rate of 1.49%. The stock's price volatility is noted at 5.34%.
Recent financial reports reveal Dana Inc. achieved a revenue of $2.476 billion, a net profit of $4 million, and earnings per share of $0.03. The company reported a gross profit of $241 million, with a price-to-earnings ratio of -75.82.
In terms of institutional ratings, 20% of the 10 participating institutions recommend buying the stock, 60% suggest holding, and 20% advise selling.
Within the automotive parts industry, which saw an overall increase of 1.06%, notable stock movements included Hyliion Holdings Corp., Worksport, Ltd., and Ree Automotive Ltd., with significant gains. Worksport, Ltd. and Luminar Technologies, Inc. were particularly active with turnover rates of 11.58% and 5.78% respectively. Stocks with high volatility included Noco Noco Inc C/Wts 25/08/2028 (To Pur Com), Worksport, Ltd., and Hyliion Holdings Corp., with fluctuations of 29.00%, 23.98%, and 20.27% respectively.
Dana Inc. specializes in designing and manufacturing efficient propulsion and energy management solutions for vehicles and machines across all global mobility markets. The company operates through four segments: Light Vehicle, Power Technologies, Commercial Vehicle, and Off-Highway. The Light Vehicle segment primarily generates revenue by providing products for original equipment manufacturers of light vehicles, including trucks, SUVs, CUVs, vans, and passenger cars.
