DPW Holdings Inc. [AMEX: DPW] stock went on an upward path that rose over 7.75% on Friday, amounting to a one-week price increase of more than 41.75%. The company report on July 24, 2020 that DPW Holdings, Inc. Announces Notice of Noncompliance with NYSE American Listing Standards.
DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (“DPW” or the “Company”) announced that it was notified today by the NYSE American that due to the Company’s disclosure in its Form 10-Q filed for the fiscal period ended March 31, 2020, which reported stockholders’ equity of approximately $2.5 million, it no longer meets the requirement that it must have no less than $6 million or more in stockholders’ equity pursuant to the listing standard set forth under Section 1003(a)(ii) and (iii) of the NYSE American Company Guide (the “Listing Standards”) because the Company has reported losses from continuing operations and/or net losses in five of its most recent fiscal years ended December 31, 2019.
Under the applicable NYSE American listing rules, the Company must by August 23, 2020 submit a compliance plan that demonstrates how it intends to regain compliance with the Listing Standards within 18 months of the receipt of the notice, or January 24, 2022. The Company intends to develop and submit to the NYSE American such a plan. If the NYSE American does not accept the plan, or if the Company does not make progress consistent with the plan during the plan period, the NYSE American will initiate delisting procedures. If the NYSE American accepts the plan the Company will be subject to periodic reviews including quarterly monitoring for compliance with the plan. During this period, the Company’s common stock will continue to be listed on the NYSE American and trade as usual subject to compliance with other NYSE American listing requirements.
Over the last 12 months, DPW stock dropped by -54.37%.
The market cap for the stock reached $16.59 million, with 6.11 million shares outstanding and 5.13 million shares in the current float. Compared to the average trading volume of 4.09M shares, DPW stock reached a trading volume of 6683591 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on DPW Holdings Inc. [DPW]:
The Average True Range (ATR) for DPW Holdings Inc. is set at 0.42, with the Price to Sales ratio for DPW stock in the period of the last 12 months amounting to 0.66. The Price to Book ratio for the last quarter was 5.31, with the Price to Cash per share for the same quarter was set at 0.18.
DPW Stock Performance Analysis:
DPW Holdings Inc. [DPW] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 41.75. With this latest performance, DPW shares gained by 33.33% in over the last four-week period, additionally plugging by 88.39% over the last 6 months – not to mention a drop of -54.37% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DPW stock in for the last two-week period is set at 65.68, with the RSI for the last a single of trading hit 67.13, and the three-weeks RSI is set at 62.99 for DPW Holdings Inc. [DPW]. The present Moving Average for the last 50 days of trading for this stock 2.00, while it was recorded at 2.88 for the last single week of trading, and 1.43 for the last 200 days.
Insight into DPW Holdings Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and DPW Holdings Inc. [DPW] shares currently have an operating margin of -79.60 and a Gross Margin at +22.86. DPW Holdings Inc.’s Net Margin is presently recorded at -124.15.
Return on Total Capital for DPW is now -77.95, given the latest momentum, and Return on Invested Capital for the company is -211.18. Return on Equity for this stock declined to -263.68, with Return on Assets sitting at -71.41. When it comes to the capital structure of this company, DPW Holdings Inc. [DPW] has a Total Debt to Total Equity ratio set at 215.01. Additionally, DPW Total Debt to Total Capital is recorded at 68.26, with Total Debt to Total Assets ending up at 34.91. Long-Term Debt to Equity for the company is recorded at 80.40, with the Long-Term Debt to Total Capital now at 25.52.
Reflecting on the efficiency of the workforce at the company, DPW Holdings Inc. [DPW] managed to generate an average of -$156,731 per employee. Receivables Turnover for the company is 4.04 with a Total Asset Turnover recorded at a value of 0.58.DPW Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 and a Current Ratio set at 0.40.
DPW Holdings Inc. [DPW] Insider Position Details
There are presently around $0 million, or 3.60% of DPW stock, in the hands of institutional investors. The top three institutional holders of DPW stocks are: VANGUARD GROUP INC with ownership of 53,961, which is approximately 340.103% of the company’s market cap and around 19.88% of the total institutional ownership; BANK OF MONTREAL /CAN/, holding 25,000 shares of the stock with an approximate value of $73000.0 in DPW stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $52000.0 in DPW stock with ownership of nearly 0% of the company’s market capitalization.
Positions in DPW Holdings Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 5 institutional holders increased their position in DPW Holdings Inc. [AMEX:DPW] by around 46,255 shares. Additionally, 3 investors decreased positions by around 54,956 shares, while 3 investors held positions by with 1,291 shares. The mentioned changes placed institutional holdings at 102,502 shares, according to the latest SEC report filing. DPW stock had 4 new institutional investments in for a total of 4,555 shares, while 3 institutional investors sold positions of 54,956 shares during the same period.