Large Inflow of Money Witnessed in Dana Holding Corporation

Dana Holding Corporation (NYSE:DAN) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $4.77 million worth of transactions were on upticks, whereas, the downticks accounted for $3 million worth of transactions. The net money flow was a positive $1.77 million and the uptick to downtick ratio was 1.59. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 4.05 in their favor. The net money flow into the stock was $1.51 million. The value of block trades done on downticks was only $0.5 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $2 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Dana Holding Corporation (NYSE:DAN) was trading at $10.54, down $0.02 during day. The stock slid -0.19% over the previous days close. For the week, the stock recorded -7.05% over the previous weeks close.


In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (SVP & Chief Acctg Offic) of Dana Holding Corp, Filcek Rodney R had sold 4,000 shares worth of $88,240 in a transaction dated May 11, 2015. In this transaction, 4,000 shares were sold at $22.06 per share. Currently the company Insiders own 0.8% of Dana Holding Corporation shares according to the proxy statements.

The company shares have dropped -48.54% from its 1 Year high price. On Jul 1, 2015, the shares registered one year high at $20.81 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $11.86 and the 200 Day Moving Average price is recorded at $12.59. Dana Holding Corporation (NYSE:DAN): The stock opened at $10.73 on Wednesday but the bulls could not build on the opening and the stock topped out at $10.81 for the day. The stock traded down to $10.21 during the day, due to lack of any buying support eventually closed down at $10.54 with a loss of -0.19% for the day. The stock had closed at $10.56 on the previous day. The total traded volume was 2,719,209 shares.

Dana Holding Corporation is a global provider of high technology driveline, sealing and thermal-management products. The Company offers its products to vehicle manufacturers in the global light vehicle, medium/heavy vehicle and off-highway markets. It operates in four business segments: Light Vehicle Driveline Technologies (Light Vehicle), Commercial Vehicle Driveline Technologies (Commercial Vehicle), Off-Highway Driveline Technologies (Off-Highway) and Power Technologies. The Light Vehicle segment products include front axles, rear axles, drive shafts and differentials, among others. The Commercial Vehicle segment products include steer axles, drive axles, drive shafts and tire inflation systems. The Off-Highway segment products include products include front axles, rear axles, drive shafts and transmissions, among others. The Power Technologies segment products include gaskets, cover modules, heat shields, engine sealing systems, cooling and heat transfer products.

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