DPW (NYSEAMERICAN:DPW) Trading 19.8% Higher

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DPW Holdings Inc (NYSEAMERICAN:DPW)’s stock price traded up 19.8% during trading on Friday . The stock traded as high as $2.25 and last traded at $2.06, 202,500 shares were traded during mid-day trading. An increase of 135% from the average session volume of 86,162 shares. The stock had previously closed at $1.72.

DPW (NYSEAMERICAN:DPW) last released its quarterly earnings results on Tuesday, May 21st. The technology company reported ($41.60) 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 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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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