Buy, Sell Or Hold Dragonfly Energy Holdings Corp (NASDAQ:DFLI) At $0.98?

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In last trading session, Dragonfly Energy Holdings Corp (NASDAQ:DFLI) saw 0.65 million shares changing hands with its beta currently measuring -0.83. Company’s recent per share price level of $0.98 trading at -$0.03 or -2.97% at ring of the bell on the day assigns it a market valuation of $59.05M. That closing price of DFLI’s stock is at a discount of -443.88% from its 52-week high price of $5.33 and is indicating a premium of 56.12% from its 52-week low price of $0.43. Taking a look at company’s average trading volume volume of 821.34K if we extend that period to 3-months.

Dragonfly Energy Holdings Corp (NASDAQ:DFLI) trade information

Upright in the red during last session for losing -2.97%, in the last five days DFLI remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $0.98 price level, adding 4.85% to its value on the day. Dragonfly Energy Holdings Corp’s shares saw a change of 80.88% in year-to-date performance and have moved 27.41% in past 5-day. Dragonfly Energy Holdings Corp (NASDAQ:DFLI) showed a performance of 103.57% in past 30-days.

Dragonfly Energy Holdings Corp (DFLI) estimates and forecasts

Statistics highlight that Dragonfly Energy Holdings Corp is scoring comparatively lower than the scores of other players of the relevant industry. The company added 36.09% of value to its shares in past 6 months, showing an annual growth rate of -96.15% while that of industry is 5.20. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 6.00% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 12.13M for the same. And 3 analysts are in estimates of company making revenue of 14.69M in the next quarter. Company posted 18.79M and 19.27M of sales in current and next quarters respectively a year earlier.

DFLI Dividends

Dragonfly Energy Holdings Corp is more likely to be releasing its next quarterly report in June 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.