In the past week, DCFC stock has gone down by -31.10%, with a monthly decline of -74.64% and a quarterly plunge of -87.51%. The volatility ratio for the week is 24.76%, and the volatility levels for the last 30 days are 16.06% for Tritium DCFC Limited The simple moving average for the past 20 days is -57.66% for DCFC’s stock, with a -95.77% simple moving average for the past 200 days.
Is It Worth Investing in Tritium DCFC Limited (NASDAQ: DCFC) Right Now?
The stock has a 36-month beta value of 1.40. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DCFC is 0.74M, and at present, short sellers hold a 3.38% of that float. On April 18, 2024, the average trading volume of DCFC was 35.41K shares.
DCFC) stock’s latest price update
The stock price of Tritium DCFC Limited (NASDAQ: DCFC) has dropped by -3.85 compared to previous close of 3.64. Despite this, the company has seen a fall of -31.10% in its stock price over the last five trading days. InvestorPlace reported 2023-11-19 that Despite all of the business media’s frantic, recent warnings about electric-vehicle sales collapsing, the actual data tells a radically different story. Specifically, last quarter EV sales in the United States jumped 50% versus the same period a year earlier to 313,000.
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 -79.06% 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 -98.85% of loss for the given period.
Volatility was left at 16.06%, however, over the last 30 days, the volatility rate increased by 24.76%, as shares sank -75.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -82.98% lower at present.
During the last 5 trading sessions, DCFC fell by -31.10%, which changed the moving average for the period of 200-days by -98.39% in comparison to the 20-day moving average, which settled at $7.72. In addition, Tritium DCFC Limited saw -92.05% 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:
- -0.5 for the present operating margin
- -0.0 for the gross margin
The net margin for Tritium DCFC Limited stands at -0.63.
When we switch over and look at the enterprise to sales, we see a ratio of 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.92.
Conclusion
To sum up, Tritium DCFC Limited (DCFC) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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.
