In the last trading session, 5.4 million Dragonfly Energy Holdings Corp (NASDAQ:DFLI) shares changed hands as the company’s beta touched -0.67. With the company’s per share price at $0.16 changed hands at -$0.01 or -8.08% during last session, the market valuation stood at $1.50M. DFLI’s last price was a discount, traded about -5525.0% off its 52-week high of $9.00. When we look at Dragonfly Energy Holdings Corp’s average trading volume, we note the 10-day average is 43.24 million shares, with the 3-month average coming to 7.09 million.
Analysts gave the Dragonfly Energy Holdings Corp (DFLI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended DFLI as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight.
Dragonfly Energy Holdings Corp (NASDAQ:DFLI) trade information
Instantly DFLI was in red as seen at the end of in last trading. With action -36.22%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -97.96%, with the 5-day performance at -36.22% in the red. However, in the 30-day time frame, Dragonfly Energy Holdings Corp (NASDAQ:DFLI) is -58.71% down. Looking at the short shares, we see there were 0.28 million shares sold at short interest cover period of 0.15 days.
The consensus price target for the stock as assigned by Wall Street analysts is 1.5, meaning bulls need an upside of 89.33% from its current market value. According to analyst projections, DFLI’s forecast low is 1.5 with 1.5 as the target high. To hit the forecast high, the stock’s price needs a -837.5% plunge from its current level, while the stock would need to soar -837.5% for it to hit the projected low.
The 2025 estimates are for Dragonfly Energy Holdings Corp earnings to increase by 48.90%, but the outlook for the next 5-year period is at 34.91% per year.
DFLI Dividends
Dragonfly Energy Holdings Corp is expected to release its next quarterly earnings report on 2025-May-15.
Dragonfly Energy Holdings Corp (NASDAQ:DFLI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 33.92% of Dragonfly Energy Holdings Corp shares while 9.65% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 14.61%. There are 9.65% institutions holding the Dragonfly Energy Holdings Corp stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 0.0121% of the shares, roughly 0.74 million DFLI shares worth $0.62 million.
KFG WEALTH MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 0.007% or 0.42 million shares worth $0.36 million as of 2024-06-30.