Dragonfly Energy Holdings Corp. (NASDAQ: DFLI)’s stock price has decreased by 0.00 compared to its previous closing price of 1.77. However, the company has seen a 3.51% increase in its stock price over the last five trading sessions. Seeking Alpha reported 2023-08-22 that Dragonfly Energy Holdings Corp. (NASDAQ:DFLI ) Q2 2023 Results Conference Call August 21, 2023 5:00 PM ET Company Participants Denis Phares – CEO John Marchetti – CFO Conference Call Participants Vincent Anderson – Stifel George Gianarikas – Canaccord Brian Dobson – Chardan Operator Good afternoon. My name is J.P.
Is It Worth Investing in Dragonfly Energy Holdings Corp. (NASDAQ: DFLI) Right Now?
Moreover, the 36-month beta value for DFLI is -0.73. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The average price recommended by analysts for Dragonfly Energy Holdings Corp. (DFLI) is $4.63, which is $2.85 above the current market price. The public float for DFLI is 24.69M and currently, short sellers hold a 9.63% of that float. On September 19, 2023, DFLI’s average trading volume was 2.82M shares.
DFLI’s Market Performance
DFLI’s stock has seen a 3.51% increase for the week, with a -9.23% drop in the past month and a 18.00% gain in the past quarter. The volatility ratio for the week is 5.85%, and the volatility levels for the past 30 days are at 6.99% for Dragonfly Energy Holdings Corp. The simple moving average for the past 20 days is 3.01% for DFLI’s stock, with a -63.83% simple moving average for the past 200 days.
Analysts’ Opinion of DFLI
Many brokerage firms have already submitted their reports for DFLI stocks, with ROTH MKM repeating the rating for DFLI by listing it as a “Buy.” The predicted price for DFLI in the upcoming period, according to ROTH MKM is $4 based on the research report published on September 14, 2023 of the current year 2023.
DFLI Trading at -13.23% from the 50-Day Moving Average
After a stumble in the market that brought DFLI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -93.84% of loss for the given period.
Volatility was left at 6.99%, however, over the last 30 days, the volatility rate increased by 5.85%, as shares sank -8.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.45% upper at present.
During the last 5 trading sessions, DFLI rose by +3.51%, which changed the moving average for the period of 200-days by -78.98% in comparison to the 20-day moving average, which settled at $1.7105. In addition, Dragonfly Energy Holdings Corp. saw -85.13% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DFLI starting from Edmonds Karina, who purchase 100 shares at the price of $4.28 back on Feb 23. After this action, Edmonds Karina now owns 30,300 shares of Dragonfly Energy Holdings Corp., valued at $428 using the latest closing price.
Edmonds Karina, the Director of Dragonfly Energy Holdings Corp., purchase 200 shares at $7.89 during a trade that took place back on Oct 25, which means that Edmonds Karina is holding 30,200 shares at $1,578 based on the most recent closing price.
Stock Fundamentals for DFLI
Current profitability levels for the company are sitting at:
- -39.42 for the present operating margin
- +27.83 for the gross margin
The net margin for Dragonfly Energy Holdings Corp. stands at -45.88. The total capital return value is set at -70.78, while invested capital returns managed to touch -108.89. Equity return is now at value -171.60, with -46.60 for asset returns.
Based on Dragonfly Energy Holdings Corp. (DFLI), the company’s capital structure generated 211.53 points at debt to equity in total, while total debt to capital is 67.90. Total debt to assets is 27.01, with long-term debt to equity ratio resting at 31.25. Finally, the long-term debt to capital ratio is 10.03.
When we switch over and look at the enterprise to sales, we see a ratio of 1.88, with the company’s debt to enterprise value settled at 0.05. The receivables turnover for the company is 77.46 and the total asset turnover is 1.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.81.
Conclusion
To wrap up, the performance of Dragonfly Energy Holdings Corp. (DFLI) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
