Alert: Major Price Advance (12/2/24)-Dana Inc (NYSE: DAN).

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On 12/2/24, Dana Inc (NYSE: DAN) stock enjoyed a major increase of 13.3%, closing at $11.33. Moreover, this advance was accompanied by above average trading volume at 145% of normal. Relative to the market the stock has been weak over the last nine months but has risen 36.8% during the last week.

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Current PriceTarget Research Rating

Dana has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Dana has a good Appreciation Score of 77 but a very low Power Rating of 4, producing the Negative Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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