Large Outflow of Money Witnessed in Dana Holding Corporation

Dana Holding Corporation (DAN): The stock had negative money flow to the tune of ($1.35 million) on Friday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $1.72 million, whereas, the outflow of money on downticks was $3.07 million and the ratio between the two was 0.56. The block trade had a negative net money flow of ($1.44 million). The total block trade value undertaken on upticks was $0.43 million. On the other hand, downticks amounted to $1.87 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.23. Dana Holding Corporation (DAN) closed with marginal gains of 31 cents to end the day at $12.84, an increase of 2.47% over the previous days close. The stock recorded 11.46% for the week.


Dana Holding Corporation (DAN) : The highest short term price target forecast on Dana Holding Corporation (DAN) is $17 and the lowest target price is $12. A total of 6 equity analysts are currently covering the company. The average price of all the analysts is $14.67 with a standard deviation of $2.07.

Dana Holding Corporation (NYSE:DAN): stock turned positive on Friday. Though the stock opened at $12.87, the bulls momentum made the stock top out at $13.19 level for the day. The stock recorded a low of $12.76 and closed the trading day at $13.16, in the green by 5.03%. The total traded volume for the day was 3,538,313. The stock had closed at $12.53 in the previous days trading.

In a related news, The officer (SVP & Chief Acctg Offic), of Dana Holding Corp, Filcek Rodney R had unloaded 4,000 shares at $22.06 per share in a transaction on May 11, 2015. The total value of transaction was $88,240. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

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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