Dana Stock Hits New 52-Week High (DAN)

NEW YORK ( TheStreet) -- Dana (NYSE: DAN) hit a new 52-week high Friday as it is currently trading at $20.57, above its previous 52-week high of $20.46 with one million shares traded as of 10:45 a.m. ET. Average volume has been 2.3 million shares over the past 30 days.

Dana has a market cap of $2.94 billion and is part of the consumer goods sector and automotive industry. Shares are up 28.3% 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.

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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.

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