Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Dragonfly Energy Holdings Corp’s stock clocked out at $0.77, down -3.21% from its previous closing price of $0.79. In other words, the price has decreased by -$3.21 from its previous closing price. On the day, 1.32 million shares were traded. DFLI stock price reached its highest trading level at $0.88 during the session, while it also had its lowest trading level at $0.7584.
Ratios:
To gain a deeper understanding of DFLI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.42 and its Current Ratio is at 1.38. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.08.
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, ROTH MKM on September 14, 2023, initiated with a Buy rating and assigned the stock a target price of $4.
On January 11, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $15.
On November 18, 2022, Chardan Capital Markets started tracking the stock assigning a Buy rating and target price of $15.Chardan Capital Markets initiated its Buy rating on November 18, 2022, 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 46352224 and an Enterprise Value of 56946208. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 1.66. Its current Enterprise Value per Revenue stands at 0.884 whereas that against EBITDA is -2.174.
Stock Price History:
Over the past 52 weeks, DFLI has reached a high of $5.33, while it has fallen to a 52-week low of $0.43. The 50-Day Moving Average of the stock is 38.35%, while the 200-Day Moving Average is calculated to be -26.51%.
Shares Statistics:
It appears that DFLI traded 766.93K shares on average per day over the past three months and 3782540 shares per day over the past ten days. A total of 60.26M shares are outstanding, with a floating share count of 22.00M. Insiders hold about 63.50% of the company’s shares, while institutions hold 8.53% stake in the company. Shares short for DFLI as of 1713139200 were 3401717 with a Short Ratio of 4.44, compared to 1710460800 on 3154535. Therefore, it implies a Short% of Shares Outstanding of 3401717 and a Short% of Float of 10.6400006.
