Digital Power (DPW) Stock Price Up 5.7%
Digital Power Corp (NYSEAMERICAN:DPW)’s share price rose 5.7% on Friday . The stock traded as high as $1.75 and last traded at $1.66. Approximately 3,107,535 shares changed hands during trading, a decline of 41% from the average daily volume of 5,235,698 shares. The stock had previously closed at $1.57.
The company has a market cap of $47.72, a price-to-earnings ratio of -2.77 and a beta of 1.75.
Digital Power (NYSEAMERICAN:DPW) last posted its earnings results on Tuesday, November 21st. The technology company reported ($0.15) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.11) by ($0.04). Digital Power had a negative net margin of 64.32% and a negative return on equity of 120.15%.
A hedge fund recently bought a new stake in Digital Power stock. Asset Management One Co. Ltd. bought a new stake in Digital Power Corp (NYSEAMERICAN:DPW) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 166,719 shares of the technology company’s stock, valued at approximately $3,745,000. Asset Management One Co. Ltd. owned approximately 1.03% of Digital Power as of its most recent filing with the SEC.
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About Digital Power
DPW Holdings, Inc, formerly Digital Power Corporation, is engaged in the design, manufacture and sale of power system solutions for the applications in the medical, military, telecom and industrial markets. The Company operates through two segments: North America (sales through DPC) and Europe (sales through DPL).
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