Tritium DCFC Limited (NASDAQ:DCFC) traded at $1.41 at close of the session on Monday, 01/23/23, made an upward move of 7.63% on its previous day’s price.
Looking at the stock we see that its previous close was $1.31 with the day’s price range being $1.31 – $1.46. In terms of its 52-week price range, DCFC has a high of $19.75 and a low of $1.03. The company’s stock has gained about 20.51% over that past 30 days.
Tritium DCFC Limited has a market cap of $229.27 million and is expected to release its quarterly earnings report on Sep 22, 2022. Estimates by analysts give the company expected earnings per share (EPS) of $0, with the EPS growth for the year raised at -$0.61 for 2023 and -$0.34 for next year.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $207.78 million, with a low of $141.7 million and a high of $283.6 million.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the DCFC stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Based on estimates by 7 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Tritium DCFC Limited (DCFC) stock as a Hold, while 5 rate it as a Buy. 1 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -7.36% off its SMA20 and -5.28% from its 50-day simple moving average. The RSI (14) is pointing at 46.30 while the volatility over the past week is 17.00% and jumps to 13.71% over the past one month. The average price target for the stock over the next 12 months is $7.14, with the estimates having a low of $3.00 and a high of $11.00. These price ends are -112.77% and -680.14% off the current price level respectively, although investors could be excited at the prospect of a -396.45% if the DCFC share price touches on the median price of $7.00.
Coming back to Tritium DCFC Limited (NASDAQ:DCFC), we note that the average 3-month trading volume was 2.35 million, while that of the preceding 10-day period stands at 7.78 million. Current shares outstanding are 135.38 million.
The insiders hold 51.74% of the company’s shares while institutions hold 32.40%. The data shows that short shares as of Dec 29, 2022, stood at 2.41 million at a short ratio of 1.49. This represents a 1.55% short interest in shares outstanding on Dec 29, 2022. Shares short rose in December from the previous month at 1.78 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -16.07% down in year-to-date price movement.