In the last trading session, 3.26 million shares of the Dragonfly Energy Holdings Corp (NASDAQ:DFLI) were traded, and its beta was -0.81. Most recently the company’s share price was $0.37, and it changed around -$0.13 or -26.26% from the last close, which brings the market valuation of the company to $23.36M. DFLI currently trades at a discount to its 52-week high of $1.46, offering almost -294.59% off that amount. The share price’s 52-week low was $0.43, which indicates that the current value has fallen by an impressive -16.22% since then. We note from Dragonfly Energy Holdings Corp’s average daily trading volume that its 10-day average is 0.33 million shares, with the 3-month average coming to 205.69K.
Dragonfly Energy Holdings Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended DFLI as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Dragonfly Energy Holdings Corp is expected to report earnings per share of -0.15 for the current quarter.
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Dragonfly Energy Holdings Corp (NASDAQ:DFLI) trade information
Instantly DFLI has showed a red trend with a performance of -26.26% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.5419 on recent trading dayincreased the stock’s daily price by 31.72%. The company’s shares are currently down -31.69% year-to-date, but still down -28.41% over the last five days. On the other hand, Dragonfly Energy Holdings Corp (NASDAQ:DFLI) is -38.84% down in the 30-day period. We can see from the shorts that 1.01 million shares have been sold at a short interest cover period of 5.23 day(s).
The consensus price target as assigned by Wall Street analysts is $1.25, which translates to bulls needing to increase their stock price by 70.4% from its current value. Analyst projections state that DFLI is forecast to be at a low of $1.2 and a high of $1.5.
Dragonfly Energy Holdings Corp (DFLI) estimates and forecasts
Dragonfly Energy Holdings Corp share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -66.35 percent over the past six months and at a -153.85% annual growth rate that is well below the industry average of 6.70%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -393.34% in revenue this quarter, and will report an increase of 5.88% in the next quarter. The year-over-year growth rate is expected to be -9.74%, down from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 17.02M in revenue for the current quarter. 2 analysts expect Dragonfly Energy Holdings Corp to make 15.48M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 10.44M and 12.51M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 63.06%. Forecasts for the next quarter put sales growth at 23.76%.
DFLI Dividends
Dragonfly Energy Holdings Corp’s next quarterly earnings report is expected to be released in December.
Dragonfly Energy Holdings Corp (NASDAQ:DFLI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 49.56% of Dragonfly Energy Holdings Corp shares, and 7.53% of them are in the hands of institutional investors. The stock currently has a share float of 14.93%.
