Tritium DCFC Limited (DCFC) Decline -12.48% in Day Trading, Closes at $0.06

The price of Tritium DCFC Limited (NASDAQ: DCFC) closed at $0.06 in the last session, down -12.48% from day before closing price of $0.07. In other words, the price has decreased by -$0.0085 from its previous closing price. On the day, 2795524 shares were traded.

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Ratios:

We take a closer look at DCFC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.32 and its Current Ratio is at 0.92.

On September 07, 2022, Credit Suisse started tracking the stock assigning a Neutral rating and target price of $8.

On June 17, 2022, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $12.B. Riley Securities initiated its Buy rating on June 17, 2022, with a $12 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, DCFC now has a Market Capitalization of 12.75M and an Enterprise Value of 204.32M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07. Its current Enterprise Value per Revenue stands at 1.11 whereas that against EBITDA is -2.37.

Stock Price History:

Over the past 52 weeks, DCFC has reached a high of $1.52, while it has fallen to a 52-week low of $0.06. The 50-Day Moving Average of the stock is 0.1174, while the 200-Day Moving Average is calculated to be 0.5049.

Shares Statistics:

According to the various share statistics, DCFC traded on average about 4.37M shares per day over the past 3-months and 3.16M shares per day over the past 10 days. A total of 201.67M shares are outstanding, with a floating share count of 147.02M. Insiders hold about 27.10% of the company’s shares, while institutions hold 3.85% stake in the company. Shares short for DCFC as of Feb 29, 2024 were 1.97M with a Short Ratio of 0.45, compared to 4.01M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.92% and a Short% of Float of 1.19%.

Earnings Estimates

The company has 0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.15 and low estimates of -$0.15.

Analysts are recommending an EPS of between -$0.4 and -$0.4 for the fiscal current year, implying an average EPS of -$0.4. EPS for the following year is $0.09, with 1 analysts recommending between $0.09 and $0.09.

Revenue Estimates

According to 2 analysts, the current quarter’s revenue is expected to be $427.5M. It ranges from a high estimate of $505M to a low estimate of $350M. As of the current estimate, Tritium DCFC Limited’s year-ago sales were $184.54M, an estimated increase of 131.70% from the year-ago figure.

A total of 2 analysts have provided revenue estimates for DCFC’s current fiscal year. The highest revenue estimate was $505M, while the lowest revenue estimate was $350M, resulting in an average revenue estimate of $427.5M. In the same quarter a year ago, actual revenue was $184.54M, up 131.70% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $834.7M in the next fiscal year. The high estimate is $834.7M and the low estimate is $834.7M. The average revenue growth estimate for next year is up 95.30% from the average revenue estimate for this year.

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