Tritium DCFC Limited (NASDAQ:DCFC) went down by -4.38% from its latest closing price compared to the recent 1-year high of $19.75. The company’s stock price has collected -14.38% of loss in the last five trading sessions. The Wall Street Journal reported on 02/08/22 that Australian Company to Build EV Charging-Station Factory in Tennessee
Is It Worth Investing in Tritium DCFC Limited (NASDAQ :DCFC) Right Now?
Opinions of the stock are interesting as 5 analysts out of 7 who provided ratings for Tritium DCFC Limited declared the stock was a “buy,” while 1 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $8.43, which is $7.31 above the current price. DCFC currently public float of 80.91M and currently shorts hold a 2.98% ratio of that float. Today, the average trading volume of DCFC was 2.30M shares.
DCFC’s Market Performance
DCFC stocks went down by -14.38% for the week, with a monthly jump of 3.97% and a quarterly performance of -48.02%, while its annual performance rate touched -83.65%. The volatility ratio for the week stands at 16.36% while the volatility levels for the past 30 days are set at 13.70% for Tritium DCFC Limited. The simple moving average for the period of the last 20 days is -13.53% for DCFC stocks with a simple moving average of -74.70% for the last 200 days.
Analysts’ Opinion of DCFC
Credit Suisse, on the other hand, stated in their research note that they expect to see DCFC reach a price target of $8. The rating they have provided for DCFC stocks is “Neutral” according to the report published on September 07th, 2022.
B. Riley Securities gave a rating of “Buy” to DCFC, setting the target price at $12 in the report published on June 17th of the previous year.
DCFC Trading at -12.54% from the 50-Day Moving Average
After a stumble in the market that brought DCFC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -93.37% of loss for the given period.
Volatility was left at 13.70%, however, over the last 30 days, the volatility rate increased by 16.36%, as shares surge +11.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -25.99% lower at present.
During the last 5 trading sessions, DCFC fell by -14.38%, which changed the moving average for the period of 200-days by -87.22% in comparison to the 20-day moving average, which settled at $1.5220. In addition, Tritium DCFC Limited saw -22.02% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DCFC
Current profitability levels for the company are sitting at:
- -103.35 for the present operating margin
- -2.24 for the gross margin
The net margin for Tritium DCFC Limited stands at -148.64.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.32.