DPW (NYSEAMERICAN:DPW) Shares Up 3.4%

DPW Holdings Inc (NYSEAMERICAN:DPW) shot up 3.4% during trading on Friday . The stock traded as high as $0.15 and last traded at $0.14, 3,612,169 shares traded hands during trading. An increase of 16% from the average session volume of 3,125,446 shares. The stock had previously closed at $0.14.

Shares of DPW are going to reverse split before the market opens on 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 earnings results on Tuesday, May 21st. The technology company reported ($1.04) earnings per share (EPS) for the quarter. The company had revenue of $6.94 million for the quarter.

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

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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