Digital Power (DPW) Shares Gap Up to $2.70
Digital Power Co. (NYSEAMERICAN:DPW) shares gapped up prior to trading on Friday . The stock had previously closed at $2.56, but opened at $2.70. Digital Power shares last traded at $2.81, with a volume of 10781700 shares.
The company has a market capitalization of $60.07, a price-to-earnings ratio of -4.63 and a beta of 2.14.
In related news, Chairman Milton C. Ault III bought 1,000 shares of the stock in a transaction on Friday, January 5th. The stock was 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 Securities & Exchange Commission, which can be accessed through the SEC website. In the last 90 days, insiders have acquired 3,700 shares of company stock valued at $2,706,301.
An institutional investor recently bought a new position in Digital Power stock. Asset Management One Co. Ltd. acquired a new stake in shares of Digital Power Co. (NYSEAMERICAN:DPW) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 166,719 shares of the technology company’s stock, valued at approximately $3,745,000. Asset Management One Co. Ltd. owned about 1.03% of Digital Power at the end of the most recent quarter.
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Digital Power Company Profile
Digital Power Corporation (DPC) is engaged in the design, manufacture and sale of power system solutions for applications in the medical, military, telecom and industrial markets. The Company operates through two segments: North America (sales through DPC) and Europe (sales through Digital Power Limited (DPL)).
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