Shares of Digital Power Co. (NYSEAMERICAN:DPW) gapped up before the market opened on Monday . The stock had previously closed at $0.86, but opened at $0.98. Digital Power shares last traded at $1.03, with a volume of 2972056 shares.
The stock has a market cap of $39.21, a price-to-earnings ratio of -1.72 and a beta of 2.07.
In related news, Chairman Milton C. Ault III purchased 1,000 shares of the firm’s stock in a transaction that occurred on Friday, January 5th. The shares were bought at an average price of $2,700.00 per share, for a total transaction of $2,700,000.00. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have purchased a total of 18,600 shares of company stock worth $2,726,978 in the last 90 days.
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Digital Power Company Profile
DPW Holdings, Inc designs, develops, manufactures, and sells power system solutions for the medical, military, telecom, and industrial markets in North America and Europe. It 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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