Dragonfly Energy Holdings Corp (DFLI) volume exceeds 14.48 million: A new investment opportunity for investors

Sana Meer

A new trading day began on Tuesday, with Dragonfly Energy Holdings Corp (NASDAQ: DFLI) stock price down -5.79% from the previous day of trading, before settling in for the closing price of $0.89. DFLI’s price has ranged from $0.15 to $4.88 over the past 52 weeks.

Meanwhile, its annual earnings per share averaged 57.02%. With a float of $115.92 million, this company’s outstanding shares have now reached $120.79 million.

Dragonfly Energy Holdings Corp (DFLI) Breakdown of a Key Holders of the stock

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 4.03%, while institutional ownership is 0.66%.

Dragonfly Energy Holdings Corp (DFLI) Recent Fiscal highlights

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 1.85.

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)

Looking closely at Dragonfly Energy Holdings Corp (NASDAQ: DFLI), its last 5-days average volume was 14.35 million, which is a drop from its year-to-date volume of 18.75 million. As of the previous 9 days, the stock’s Stochastic %D was 18.10%.

During the past 100 days, Dragonfly Energy Holdings Corp’s (DFLI) raw stochastic average was set at 27.85%, which indicates a significant increase from 9.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1380 in the past 14 days, which was higher than the 0.1007 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.8614, while its 200-day Moving Average is $0.8046. However, in the short run, Dragonfly Energy Holdings Corp’s stock first resistance to watch stands at $0.8852. Second resistance stands at $0.9353. The third major resistance level sits at $0.9816. If the price goes on to break the first support level at $0.7888, it is likely to go to the next support level at $0.7425. Now, if the price goes above the second support level, the third support stands at $0.6924.

Dragonfly Energy Holdings Corp (NASDAQ: DFLI) Key Stats

With a market capitalization of 100.88 million, the company has a total of 84,787K 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.

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