A new trading day began on Friday, with Dragonfly Energy Holdings Corp (NASDAQ: DFLI) stock price up 38.46% from the previous day of trading, before settling in for the closing price of $0.38. DFLI’s price has ranged from $0.15 to $5.78 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged 57.02%. With a float of $57.96 million, this company’s outstanding shares have now reached $61.72 million.
Dragonfly Energy Holdings Corp (DFLI) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Electrical Equipment & Parts Industry. The insider ownership of Dragonfly Energy Holdings Corp is 6.15%, while institutional ownership is 6.94%.
Dragonfly Energy Holdings Corp (DFLI) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.99 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.61 per share during the current fiscal year. According to the Wall Street analysts, stocks earnings will be around 57.02% per share during the next fiscal year.
Dragonfly Energy Holdings Corp (NASDAQ: DFLI) Trading Performance Indicators
Here are Dragonfly Energy Holdings Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.87, a number that is poised to hit -0.48 in the next quarter and is forecasted to reach -1.46 in one year’s time.
Technical Analysis of Dragonfly Energy Holdings Corp (DFLI)
Let’s dig in a bit further. During the last 5-days, its volume was 45.83 million. That was better than the volume of 11.8 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 89.62%.
During the past 100 days, Dragonfly Energy Holdings Corp’s (DFLI) raw stochastic average was set at 71.83%, which indicates a significant decrease from 81.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0351 in the past 14 days, which was lower than the 0.0434 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.3027, while its 200-day Moving Average is $1.1036. However, in the short run, Dragonfly Energy Holdings Corp’s stock first resistance to watch stands at $0.5890. Second resistance stands at $0.6545. The third major resistance level sits at $0.7240. If the price goes on to break the first support level at $0.4540, it is likely to go to the next support level at $0.3845. The third support level lies at $0.3190 if the price breaches the second support level.
Dragonfly Energy Holdings Corp (NASDAQ: DFLI) Key Stats
With a market capitalization of 32.32 million, the company has a total of 61,725K Shares Outstanding. Currently, annual sales are 50,650 K while annual income is -40,620 K. The company’s previous quarter sales were 16,250 K while its latest quarter income was -7,030 K.
