FY2017 Earnings Estimate for Digital Power Co. Issued By Zacks Investment Research (DPW)

Digital Power Co. (NYSEAMERICAN:DPW) – Zacks Investment Research dropped their FY2017 EPS estimates for Digital Power in a report released on Wednesday. Zacks Investment Research analyst L. Thompson now anticipates that the technology company will post earnings per share of ($0.59) for the year, down from their prior forecast of ($0.58). Zacks Investment Research also issued estimates for Digital Power’s Q4 2017 earnings at ($0.13) EPS and FY2018 earnings at ($0.19) EPS.

Digital Power (NYSEAMERICAN:DPW) opened at $2.39 on Monday. The firm has a market cap of $42.53, a PE ratio of -4.05 and a beta of 2.14. Digital Power has a 12 month low of $0.40 and a 12 month high of $5.95.

In other Digital Power news, Chairman Milton C. Ault III bought 1,000 shares of Digital Power stock in a transaction dated Friday, January 5th. The stock was purchased at an average price of $2,700.00 per share, for a total transaction of $2,700,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

A hedge fund recently bought a new stake in Digital Power stock. Asset Management One Co. Ltd. acquired a new stake in shares of Digital Power Co. (NYSEAMERICAN:DPW) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 166,719 shares of the technology company’s stock, valued at approximately $3,745,000. Asset Management One Co. Ltd. owned approximately 1.03% of Digital Power at the end of the most recent quarter.

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About Digital Power

Digital Power Corporation (DPC) is engaged in the design, manufacture and sale of power system solutions for applications in the medical, military, telecom and industrial markets. The Company operates through two segments: North America (sales through DPC) and Europe (sales through Digital Power Limited (DPL)).

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