DPW (NYSEAMERICAN:DPW) Shares Gap Up to $4.80
Shares of DPW Holdings Inc (NYSEAMERICAN:DPW) gapped up prior to trading on Tuesday . The stock had previously closed at $1.60, but opened at $4.80. DPW shares last traded at $4.30, with a volume of 26,497 shares trading hands.
DPW (NYSEAMERICAN:DPW) last posted its quarterly earnings results on Tuesday, May 21st. The technology company reported ($41.60) earnings per share (EPS) for the quarter. The firm had revenue of $6.94 million during the quarter.
An institutional investor recently bought a new position in DPW stock. Deutsche Bank AG acquired a new position in shares of DPW Holdings Inc (NYSEAMERICAN:DPW) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 266,800 shares of the technology company’s stock, valued at approximately $27,000. Deutsche Bank AG owned about 4.09% of DPW as of its most recent filing with the Securities & Exchange Commission.
DPW Holdings, Inc designs, develops, manufactures, and sells power system solutions for the military/aerospace, medical and industrial-telecommunication industries in North America and Europe. The company offers custom power system solutions; high-grade flexibility series power supply products, such as power rectifiers; and value-added services for original equipment manufacturers.
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