Its Stock Has Paid Off Big Time For Dragonfly Energy Holdings Corp

With 0.78 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.94 million shares. During the session, the Electrical Equipment & Parts company that operates in wider Industrials sector, reached to the highest price of $1.25 whereas the lowest price it dropped to was $1.1. The 52-week range on DFLI shows that it touched its highest point at $4.45 and its lowest point at $0.43 during that stretch. It currently has a 1-year price target of $1.54. Beta for the stock currently stands at -0.68.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DFLI was up-trending over the past week, with a rise of 6.03%, but this was up by 173.33% over a month. Three-month performance surged to 161.70% while six-month performance rose 68.47%. The stock lost -58.86% in the past year, while it has gained 127.02% so far this year. A look at the trailing 12-month EPS for DFLI yields -0.27 with Next year EPS estimates of -0.36. For the next quarter, that number is -0.14. This implies an EPS growth rate of -98.08% for this year and 30.74% for next year.

Float and Shares Shorts:

At present, 60.26 million DFLI shares are outstanding with a float of 22.00 million shares on hand for trading. On 2024-04-30, short shares totaled 3.64 million, which was 605.0000299999999 higher than short shares on 1711584000. In addition to Dr. Denis Phares as the firm’s Founder, Chairman of the Board, President, CEO & Interim CFO, Mr. Tyler Bourns serves as its Chief Marketing Officer.

Institutional Ownership:

Through their ownership of 0.116280004 of DFLI’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-31, DFLI reported revenue of $10438000.0 and operating income of -$3321000.0. The EBITDA in the recently reported quarter was -$2974000.0 and diluted EPS was $0.05.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DFLI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.