A hot stock to watch is Digital Power Corporation (NYSE:DPW) which is up 10.43% today, selling at $5.40 a share. Yesterday, it closed at $4.89 and for the past three months, the stock has been holding an average trading capacity of 6.93 million shares. The higher the relative volume of the stock, the more traders are trading and watching it closely. This is something that all investors should be keeping track of, as it’s an important indicator of the potential growth of a company.
Digital Power Corporation designs, manufactures and sells high-grade off-the-shelf customized power system solutions. The company’s products are used in the high demanding industrial, medical, communications and military applications where their particular customers demand high density, high efficiency, and rugged power solutions.
As you can see from the chart above, DPW’s stock has skyrocketed within the last month. On November 20th, the stock closed at $.62 and on December 4, 2017, it grew a staggering 90.71%, closing at $2.68 a share. Its weekly performance showed that of a 56.06% growth and 801.93% for the month. For the year, Digital Power Corporation is up 744.26% and analysts mean recommendation for the stock is N/A, which is due to its exponential growth over the last year.
The company, based out of Fremont, California, is holding a webinar today starting at 1:30 PM PST and towards the end of the webinar they will have a Q&A sessions with their shareholders, investors, and the public. There will be a video recording of the webinar posted on their site, for those who were not able to attend. Digital Power Corporation is seeking revenue through organic growth and acquisitions, of which the company hopes to gain more investors via the webinar.
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