With 13.55 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.78 million shares. The 52-week range on DFLI shows that it touched its highest point at $9.00 and its lowest point at $0.30 during that stretch. It currently has a 1-year price target of $2.25. Beta for the stock currently stands at -0.54.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DFLI was down-trending over the past week, with a drop of -41.82%, but this was down by -51.19% over a month. Three-month performance dropped to -82.11% while six-month performance fell -93.53%. The stock lost -97.21% in the past year, while it has lost -92.08% so far this year. A look at the trailing 12-month EPS for DFLI yields -5.32 with Next year EPS estimates of -2.32. For the next quarter, that number is -0.95. This implies an EPS growth rate of 48.90% for this year and 23.18% for next year.
Float and Shares Shorts:
At present, 7.59 million DFLI shares are outstanding with a float of 5.26 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DFLI since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$5.74951 being high and -$6.01049 being low. For DFLI, this leads to a yearly average estimate of -$5.88.
