Dana Stock Hits New 52-Week High (DAN)

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 Monday as it is currently trading at $18.28, above its previous 52-week high of $18.24 with 434,456 shares traded as of 10:15 a.m. ET. Average volume has been two million shares over the past 30 days.

Dana has a market cap of $2.56 billion and is part of the consumer goods sector and automotive industry. Shares are up 16.2% year to date as of the close of trading on Friday.

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 13.9, 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, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Dana Ratings Report.

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