Dakota Plains Holdings (DAKP) has been under a strong bear grip, hence the stock is down -3.56% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 46.08% in the past 1 week. The stock has risen by 46.15% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.56% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 23.01% and the 50-Day Moving Average is 48.33%. Dakota Plains Holdings (NYSEMKT:DAKP): On Fridays trading session , Opening price of the stock was $0.039 with an intraday high of $0.044. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $0.035. However, the stock managed to close at $0.038, a loss of 2.56% for the day. On the previous day, the stock had closed at $0.039. The total traded volume of the day was 669,275 shares.
The company Insiders own 5.7% of Dakota Plains Holdings shares according to the proxy statements. Institutional Investors own 23.86% of Dakota Plains Holdings shares.
Dakota Plains Holdings, Inc. is an integrated midstream energy company. The Company is engaged in operating the Pioneer Terminal, with services that include outbound crude oil storage, logistics and rail transportation and inbound fracturing (frac) sand logistics. The Pioneer Terminal is located in Mountrail County, North Dakota. The Companys frac sand business provides services for UNIMIN Corporation (UNIMIN), which is a producer of quartz proppant and the supplier of frac sand to exploration and production operating companies in the Williston Basin. The Company operates in three segments: Transloading Business Segment, Crude Oil Marketing Business Segment and Trucking Business Segment.