DPW Holdings Inc (NYSEAMERICAN:DPW)’s share price fell 10% during mid-day trading on Tuesday . The company traded as low as $0.09 and last traded at $0.09. 2,250,900 shares traded hands during trading, a decline of 36% from the average session volume of 3,503,160 shares. The stock had previously closed at $0.10.
DPW (NYSEAMERICAN:DPW) last released its quarterly earnings data on Thursday, November 15th. The technology company reported ($0.11) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.01. The company had revenue of $8.34 million for the quarter, compared to the consensus estimate of $11.20 million.
An institutional investor recently raised its position in DPW stock. GSA Capital Partners LLP lifted its stake in shares of DPW Holdings Inc (NYSEAMERICAN:DPW) by 56.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,083,983 shares of the technology company’s stock after acquiring an additional 392,200 shares during the quarter. GSA Capital Partners LLP owned 1.54% of DPW worth $454,000 at the end of the most recent reporting period.
DPW Company Profile (NYSEAMERICAN:DPW)
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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