DPW (NYSEAMERICAN:DPW) Sees Strong Trading Volume

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DPW Holdings Inc (NYSEAMERICAN:DPW) saw strong trading volume on Friday . 10,250,400 shares were traded during trading, an increase of 1,147% from the previous session’s volume of 821,897 shares.The stock last traded at $1.77 and had previously closed at $1.54.

DPW (NYSEAMERICAN:DPW) last issued its quarterly earnings data on Wednesday, November 20th. The technology company reported ($3.77) earnings per share for the quarter. The firm had revenue of $6.38 million during the quarter.

In other news, insider Ault & Company, Inc. acquired 660,667 shares of the business’s stock in a transaction dated Wednesday, January 15th. The stock was purchased at an average price of $1.12 per share, for a total transaction of $739,947.04. Following the completion of the transaction, the insider now directly owns 666,945 shares in the company, valued at approximately $746,978.40. The acquisition was disclosed in a filing with the SEC, which is available through this link.

A hedge fund recently bought a new stake in DPW stock. Wedbush Securities Inc. purchased a new position in DPW Holdings Inc (NYSEAMERICAN:DPW) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 11,933 shares of the technology company’s stock, valued at approximately $25,000. Wedbush Securities Inc. owned approximately 1.02% of DPW at the end of the most recent quarter.

About DPW (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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