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Battle Born Releases New Smart Lithium Batteries to Kick Off Black Friday Sales Event
Globe Newswire (Mon, 25-Nov 7:30 AM ET)
Globe Newswire (Wed, 20-Nov 7:30 AM ET)
Dragonfly Energy Announces 1-For-9 Reverse Stock Split
Globe Newswire (Tue, 19-Nov 8:00 AM ET)
Dragonfly Energy Reports Third Quarter 2024 Financial and Operational Results
Globe Newswire (Thu, 14-Nov 4:15 PM ET)
Dragonfly Energy's Battle Born Batteries Now Available Through Keystone Automotive Operations
Globe Newswire (Wed, 13-Nov 7:00 AM ET)
Dragonfly Energy and Bruker Partner to Accelerate Battery Technology Development
Globe Newswire (Tue, 12-Nov 7:00 AM ET)
Dragonfly Energy to Report Third Quarter 2024 Financial and Operational Results on November 14, 2024
Globe Newswire (Wed, 30-Oct 7:00 AM ET)
Globe Newswire (Mon, 14-Oct 7:00 AM ET)
Dragonfly Energy Holdings Corp is a manufacturer of non-toxic deep cycle lithium-ion batteries that are designed to displace lead acid batteries in a number of different storage applications and end markets including RV, marine vessel, and solar and off-grid industries, with disruptive solid-state cell technology currently under development. The company's deep cycle lithium iron phosphate ("LFP") batteries provide numerous advantages compared to incumbent products, such as lead-acid batteries. LFP batteries are non-toxic and environmentally friendly, do not rely on scarce or controversial metals, and are a highly cost-effective storage solution.
Dragonfly Energy Hldgs trades on the NASDAQ stock market under the symbol DFLI.
As of December 11, 2024, DFLI stock price declined to $3.40 with 25,909 million shares trading.
DFLI has a beta of -0.58, meaning it tends to be less sensitive to market movements. DFLI has a correlation of 0.01 to the broad based SPY ETF.
DFLI has a market cap of $23.85 million. This is considered a Sub-Micro Cap stock.
Last quarter Dragonfly Energy Hldgs reported $13 million in Revenue and -$.11 earnings per share. This fell short of revenue expectation by $-3 million and exceeded earnings estimates by $.07.
The top ETF exchange traded funds that DFLI belongs to (by Net Assets): VTI, VXF.
DFLI has underperformed the market in the last year with a price return of -35.6% while the SPY ETF gained +33.5%. DFLI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -30.6% and -2.9%, respectively, while the SPY returned +11.0% and +1.1%, respectively.
DFLI support price is $3.13 and resistance is $3.75 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DFLI shares will trade within this expected range on the day.