Douglas Dynamics Inc (NASDAQ: PLOW) Stocks Generating Improved Relative Strength

Douglas Dynamics Inc day trading at USD 35.6 per share, then rallying to 36.275 and closing at USD 35.73 per share. A net gain of 0.36% for the day. Long term pricing analysis shows the stock trading at 36.23% lower than it’s 52week high and -47.59% higher than the 52week low. The share volume traded for the day was 113K which was 0 times the 50 Day Average Volume.

Douglas Dynamics Inc had a market cap of 820,354K as of 18th June 2020. The Earnings Per Share (EPS) for Q4 2019 is $1.69.

Douglas Dynamics Inc is North America’s premier manufacturer and up fitter of work truck attachments and equipment. For more than 70 years, the Company has been innovating products that not only enable people to perform their jobs more efficiently and effectively but also enable businesses to increase profitability.

Financial Results

Douglas Dynamics Inc Reports First Quarter Of Fiscal 2020.

  • A quarterly cash dividend of $0.28 per share of the Company’s common stock was declared on February 24, 2020, and paid on March 31, 2020, to stockholders of record as of the close of business on March 20, 2020.
  • Net Cash Used in Operating Activities increased to $9.1 million from $5.6 million, due to less favorable operating results slightly offset by favorable changes in working capital.
  • Free Cash Flow decreased to $(11.4) million from $(6.3) million due to higher cash used in operating activities in addition to an increase in capital expenditures for long term growth projects.
  • Net Sales decreased 26% over the prior year, mainly due to significantly below average snowfall across the Company’s core markets.

Douglas Dynamics Inc (18th June 2020): The Institutional Ownership as of today stood at 90.60% and the Total Value of Holdings (millions) is $ 740.

New Institutional Holders and other activity – As of today, the total number of shares held is 20,708,496 by 180 institutional holders.

LATEST NEWS:

16-June-2020:- BNP Paribas Arbitrage SA Boosts Stock Holdings in Douglas Dynamics Inc (NYSE: PLOW) – Modern Readers

BNP Paribas Arbitrage SA raised its holdings in shares of Douglas Dynamics Inc (NYSE: PLOW) by 631.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,939 shares of the auto parts company’s stock after buying an additional 21,529 shares during the period.

7-June-2020:- Douglas Dynamics Inc (NYSE: PLOW) Shares Purchased by Swiss National Bank

Swiss National Bank increased its stake in shares of Douglas Dynamics Inc (NYSE: PLOW) by 1.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 44,200 shares of the auto parts company’s stock after purchasing an additional 600 shares during the quarter.

6-June-2020:- Bernzott Capital Advisors Purchases 26,430 Shares of Douglas Dynamics Inc (NYSE: PLOW)

Bernzott Capital Advisors grew its position in Douglas Dynamics Inc (NYSE: PLOW) by 3.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 904,773 shares of the auto parts company’s stock after purchasing an additional 26,430 shares during the period.

 

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