Dana Holding Corporation (DAN) : Traders are bullish on Dana Holding Corporation (DAN) as it has outperformed the S&P 500 by a wide margin of 18.83% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.06% in the last 1 week, and is up 20.05% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 6.09% and the 50-Day Moving Average is 14.45%. Dana Holding Corporation (NYSE:DAN): On Fridays trading session , Opening price of the stock was $13.86 with an intraday high of $13.94. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $13.63. However, the stock managed to close at $13.83, a loss of 0.65% for the day. On the previous day, the stock had closed at $13.92. The total traded volume of the day was 1,437,048 shares.
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.