Financial Health Check: Examining Dragonfly Energy Holdings Corp (DFLI)’s Key Ratios

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Dragonfly Energy Holdings Corp (NASDAQ: DFLI) closed the day trading at $0.75 down -0.05% from the previous closing price of $0.75. In other words, the price has decreased by -$0.05 from its previous closing price. On the day, 0.52 million shares were traded. DFLI stock price reached its highest trading level at $0.8246 during the session, while it also had its lowest trading level at $0.7422.

Ratios:

For a better understanding of DFLI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.32 and its Current Ratio is at 1.10. In the meantime, Its Debt-to-Equity ratio is 2.60 whereas as Long-Term Debt/Eq ratio is at 1.28.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Alliance Global Partners on May 23, 2024, initiated with a Buy rating and assigned the stock a target price of $1.75.

On September 14, 2023, ROTH MKM started tracking the stock assigning a Buy rating and target price of $4.

On January 11, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $15.Canaccord Genuity initiated its Buy rating on January 11, 2023, with a $15 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DFLI now has a Market Capitalization of 45641540 and an Enterprise Value of 83038272. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 2.52. Its current Enterprise Value per Revenue stands at 1.429 whereas that against EBITDA is -3.757.

Stock Price History:

Over the past 52 weeks, DFLI has reached a high of $3.25, while it has fallen to a 52-week low of $0.43. The 50-Day Moving Average of the stock is -21.90%, while the 200-Day Moving Average is calculated to be -5.97%.

Shares Statistics:

Over the past 3-months, DFLI traded about 1.18M shares per day on average, while over the past 10 days, DFLI traded about 725950 shares per day. A total of 60.26M shares are outstanding, with a floating share count of 27.37M. Insiders hold about 54.77% of the company’s shares, while institutions hold 7.82% stake in the company. Shares short for DFLI as of 1718323200 were 2835760 with a Short Ratio of 2.41, compared to 1715731200 on 3636164. Therefore, it implies a Short% of Shares Outstanding of 2835760 and a Short% of Float of 9.6499994.

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