Dana Rises On Unusually High Volume (DAN)

NEW YORK ( TheStreet) -- Dana (NYSE: DAN) is trading at unusually high volume Monday with 4.3 million shares changing hands. It is currently at two times its average daily volume and trading up 91 cents (+4.7%) at $20.17 as of 3:45 p.m. ET.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Dana has a market cap of $2.67 billion and is part of the consumer goods sector and automotive industry. Shares are up 23.3% 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 15.3, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Dana as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and solid stock price performance. 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.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..
null

If you liked this article you might like

Cramer: Irma and Harvey Busted the Algos

Companies With CEOs on Trump's Manufacturing Council Are Lagging Stock Market

This Stock Market Phenomenon Could Trigger Trading Hell on Monday: Market Recon

GM's Cautious Tone Sets Auto Parts Stocks Rising

Bullish and Bearish Reversals for This Week