Dana (NYSE:DAN) hit a new 52-week high Thursday as it is currently trading at $17.98, above its previous 52-week high of $17.96 with 53,327 shares traded as of 9:50 a.m. ET. Average volume has been 1.9 million shares over the past 30 days.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Dana (NYSE: DAN) hit a new 52-week high Thursday as it is currently trading at $17.98, above its previous 52-week high of $17.96 with 53,327 shares traded as of 9:50 a.m. ET. Average volume has been 1.9 million shares over the past 30 days. Dana has a market cap of $2.63 billion and is part of the consumer goods sector and automotive industry. Shares are up 14.9% year to date as of the close of trading on Wednesday. Dana Holding Corporation engages in the design, manufacture, and supply of driveline products, technologies, and service parts for vehicle manufacturers worldwide. The company has a P/E ratio of 12.7, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Dana as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Dana Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.