In last trading session, Tritium DCFC Limited (NASDAQ:DCFC) saw 1.94 million shares changing hands with its beta currently measuring 1.23. Company’s recent per share price level of $0.07 trading at $0.0 or 4.35% at ring of the bell on the day assigns it a market valuation of $14.52M. That closing price of DCFC’s stock is at a discount of -2071.43% from its 52-week high price of $1.52 and is indicating a premium of 14.29% from its 52-week low price of $0.06. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.15 million shares which gives us an average trading volume of 4.32 million if we extend that period to 3-months.
Tritium DCFC Limited (NASDAQ:DCFC) trade information
Upright in the green during last session for gaining 4.35%, in the last five days DCFC remained trading in the red while hitting it’s week-highest on Thursday, 03/14/24 when the stock touched $0.07 price level, adding 15.56% to its value on the day. Tritium DCFC Limited’s shares saw a change of -67.27% in year-to-date performance and have moved -11.55% in past 5-day. Tritium DCFC Limited (NASDAQ:DCFC) showed a performance of -48.57% in past 30-days. Number of shares sold short was 1.97 million shares which calculate 0.27 days to cover the short interests.
Tritium DCFC Limited (DCFC) estimates and forecasts
This year revenue growth is estimated to rise 131.70% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $427.5 million for the same. And 1 analysts are in estimates of company making revenue of $53.9 million in the next quarter that will end on Sep 2023.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -25.09% during past 5 years.
DCFC Dividends
Tritium DCFC Limited is more likely to be releasing its next quarterly report in April and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Tritium DCFC Limited (NASDAQ:DCFC)’s Major holders
Insiders are in possession of 27.44% of company’s total shares while institution are holding 10.39 percent of that, with stock having share float percentage of 14.32%. Investors also watch the number of corporate investors in a company very closely, which is 10.39% institutions for Tritium DCFC Limited that are currently holding shares of the company. Varley Holdings Pty Ltd is the top institutional holder at DCFC for having 15.67 million shares of worth $26.32 million. And as of Dec 30, 2022, it was holding 9.79% of the company’s outstanding shares.
The second largest institutional holder is Riverstone Holdings Llc, which was holding about 7.54 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 4.71% of outstanding shares, having a total worth of $8.22 million.
On the other hand, Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF and Fidelity NASDAQ Composite Index Fund are the top two Mutual Funds which own company’s shares. As of Aug 30, 2023, the former fund manager was holding 2.92 million shares of worth $2.77 million or 1.83% of the total outstanding shares. The later fund manager was in possession of 0.1 million shares on May 30, 2023, making its stake of worth around $0.12 million in the company or a holder of 0.06% of company’s stock.
