Company Shares of Dana Holding Corporation Rally 1.17%

Dana Holding Corporation (NYSE:DAN) has climbed 1.17% in the past week and advanced 6.5% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.38% and the outperformance has advanced to 5.53% for the last 4 weeks period.

Dana Holding Corporation (NYSE:DAN): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.78 and $11.77 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.19. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.12, notching a gain of 3.06% for the day. The total traded volume was 2,276,139 . The stock had closed at $11.76 on the previous day.

The company shares have dropped -44.71% from its 1 Year high price. On Jun 23, 2015, the shares registered one year high at $22.05 and the one year low was seen on Feb 3, 2016. The 50-Day Moving Average price is $12.02 and the 200 Day Moving Average price is recorded at $12.80.

On the companys insider trading activities, The Securities and Exchange Commission has divulged that Filcek Rodney R, officer (SVP & Chief Acctg Offic) of Dana Holding Corp, had unloaded 4,000 shares at an average price of $22.06 in a transaction dated on May 11, 2015. The total value of the transaction was worth $88,240.

Currently the company Insiders own 0.8% of Dana Holding Corporation shares according to the proxy statements.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.