DPW (NYSEAMERICAN:DPW) Trading Down 7.1%

DPW Holdings Inc (NYSEAMERICAN:DPW)’s stock price was down 7.1% on Thursday . The stock traded as low as $0.14 and last traded at $0.13, approximately 1,636,913 shares were traded during trading. A decline of 48% from the average daily volume of 3,122,464 shares. The stock had previously closed at $0.14.

DPW’s stock is going to reverse split on the morning of Tuesday, August 6th. The 1-40 reverse split was announced on Thursday, July 25th. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, August 5th.

DPW (NYSEAMERICAN:DPW) last released its quarterly earnings data on Tuesday, May 21st. The technology company reported ($1.04) EPS for the quarter. The company had revenue of $6.94 million during the quarter.

A hedge fund recently bought a new stake in DPW stock. Deutsche Bank AG acquired a new stake in shares of DPW Holdings Inc (NYSEAMERICAN:DPW) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 266,800 shares of the technology company’s stock, valued at approximately $27,000. Deutsche Bank AG owned approximately 4.09% of DPW as of its most recent SEC filing.

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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