Dakota Plains Holdings Director William Thomas Jr. Derosa Buys 30,000 Shares (DAKP)
Dakota Plains Holdings (NASDAQ:DAKP) Director William Thomas Jr. Derosa acquired 30,000 shares of the company’s stock on the open market in a transaction dated Wednesday, September 3rd. The stock was purchased at an average cost of $2.37 per share, with a total value of $71,100.00. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Shares of Dakota Plains Holdings (NASDAQ:DAKP) traded up 2.13% on Wednesday, hitting $2.40. 151,532 shares of the company’s stock traded hands. Dakota Plains Holdings has a 52 week low of $1.50 and a 52 week high of $2.95. The stock’s 50-day moving average is $2.33 and its 200-day moving average is $2.17. The company’s market cap is $129.3 million.
Dakota Plains Holdings (NASDAQ:DAKP) last issued its quarterly earnings data on Monday, August 11th. The company reported ($0.02) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.03 by $0.05. On average, analysts predict that Dakota Plains Holdings will post $-0.05 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Northland Securities cut their price target on shares of Dakota Plains Holdings from $3.50 to $2.85 in a research note on Tuesday, August 12th. They now have an “outperform” rating on the stock. Analysts at Canaccord Genuity initiated coverage on shares of Dakota Plains Holdings in a research note on Thursday, June 26th. They set a “hold” rating and a $2.75 price target on the stock.
Dakota Plains Holdings, Inc (NASDAQ:DAKP), formerly MCT Holding Corporation, is engaged in developing and owning transloading facilities, marketing and transporting of crude oil and related products from and into the Williston Basin oil fields of North Dakota.
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