Dragonfly Energy Holdings Corp (NASDAQ:DFLI)’s traded shares stood at 0.41 million during the last session, with the company’s beta value hitting -0.84. At the close of trading, the stock’s price was $0.59, to imply an increase of 3.39% or $0.02 in intraday trading. The DFLI share’s 52-week high remains $1.52, putting it -157.63% down since that peak but still an impressive 27.12% since price per share fell to its 52-week low of $0.43. The company has a valuation of $37.21M, with an average of 0.22 million shares in intraday trading volume over the past 10 days and average of 355.64K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Dragonfly Energy Holdings Corp (DFLI), translating to a mean rating of 1.00. Of 3 analyst(s) looking at the stock, 0 analyst(s) give DFLI a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.18.
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Dragonfly Energy Holdings Corp (NASDAQ:DFLI) trade information
After registering a 3.39% upside in the last session, Dragonfly Energy Holdings Corp (DFLI) has traded red over the past five days. The 5-day price performance for the stock is 11.71%, and 4.48% over 30 days. With these gigs, the year-to-date price performance is 9.73%. Short interest in Dragonfly Energy Holdings Corp (NASDAQ:DFLI) saw shorts transact 1.16 million shares and set a 5.17 days time to cover.
The extremes give us $1.2 and $1.5 for target low and target high price respectively. As such, DFLI has been trading -154.24% off suggested target high and -103.39% from its likely low.
Dragonfly Energy Holdings Corp (DFLI) estimates and forecasts
Looking at statistics comparing Dragonfly Energy Holdings Corp share performance against respective industry, we note that the company has underperformed competitors. Dragonfly Energy Holdings Corp (DFLI) shares are 20.10% up over the last 6 months, with its year-to-date growth rate lower than industry average at -180.77% against 7.70%. Revenue is forecast to grow 5.30% this quarter before falling -27.30% for the next one. The rating firms project that company’s revenue will shrink -2.60% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is 14.15M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 18.34M.Earnings reports from the last fiscal year show that sales brought in 15.89M and 10.44M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -10.90% before jumping 75.70% in the following quarter.
DFLI Dividends
Dragonfly Energy Holdings Corp has its next earnings report out on 2024-Nov-11. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Dragonfly Energy Holdings Corp (NASDAQ:DFLI)’s Major holders
Dragonfly Energy Holdings Corp insiders hold 49.71% of total outstanding shares, with institutional holders owning 9.49% of the shares at 18.86% float percentage. In total, 9.49% institutions holds shares in the company.
