Chardan Nextech Acquisition Stock Today
| DFLI Stock | USD 3.90 0.44 12.72% |
Performance0 of 100
| Odds Of DistressOver 59
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Chardan NexTech is trading at 3.90 as of the 30th of November 2024. This is a 12.72% increase since the beginning of the trading day. The stock's open price was 3.46. Chardan NexTech has over 59 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for Chardan NexTech Acquisition are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 7th of October 2022 | Category Industrials |
Dragonfly Energy Holdings Corp. manufactures and supplies deep cycle lithium-ion batteries for RVs, marine vessels, off-grid installations, and other storage applications. It also focuses on delivering an energy storage solution to enable a sustainable and reliable smart grid through the deployment of its solid-state cell technology. The company has 7.01 M outstanding shares of which 1.12 M shares are currently shorted by private and institutional investors with about 5.23 trading days to cover. More on Chardan NexTech Acquisition
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Chardan Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Business Concentration | Industrial Machinery & Supplies & Components, Electrical Equipment & Parts, Industrials, NASDAQ Composite, Industrials, Machinery, Electrical Equipment & Parts, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Chardan NexTech can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Chardan NexTech's financial leverage. It provides some insight into what part of Chardan NexTech's total assets is financed by creditors.
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Chardan NexTech Acquisition (DFLI) is traded on NASDAQ Exchange in USA. It is located in 1190 Trademark Drive, Reno, NV, United States, 89521 and employs 150 people. Chardan NexTech is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 24.27 M. Chardan NexTech Acqu conducts business under Machinery sector and is part of Industrials industry. The entity has 7.01 M outstanding shares of which 1.12 M shares are currently shorted by private and institutional investors with about 5.23 trading days to cover.
Chardan NexTech Acquisition currently holds about 10.52 M in cash with (17.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.47.
Check Chardan NexTech Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Chardan NexTech Acqu is $24.27 Million. Chardan NexTech Acquisition retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Chardan Ownership Details
Chardan Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Two Sigma Securities, Llc | 2024-06-30 | 59.9 K | |
| State Street Corp | 2024-06-30 | 57.4 K | |
| Ubs Group Ag | 2024-06-30 | 51.1 K | |
| Verition Fund Managegment, Llc | 2024-06-30 | 44.2 K | |
| Aqr Capital Management Llc | 2024-06-30 | 43.5 K | |
| First Financial Bankshares Inc | 2024-06-30 | 41.3 K | |
| Hrt Financial Llc | 2024-06-30 | 27.7 K | |
| Sei Investments Co | 2024-06-30 | 26.1 K | |
| Point72 Asia (singapore) Pte. Ltd | 2024-09-30 | 22.7 K | |
| Vanguard Group Inc | 2024-09-30 | 735 K | |
| Kfg Wealth Management Llc | 2024-09-30 | 448.8 K |
Chardan NexTech Historical Income Statement
Chardan Stock Against Markets
Chardan NexTech Corporate Management
| Wade Seaburg | Chief Officer | Profile | |
| Denis Phares | Chairman, CoFounder | Profile | |
| Tyler Bourns | Chief Officer | Profile | |
| John MBA | Chief Officer | Profile | |
| Dominic Sinnott | General Counsel | Profile | |
| Nicole Harvey | Compliance Officer | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Chardan NexTech Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chardan NexTech. If investors know Chardan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chardan NexTech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.78) | Revenue Per Share 0.869 | Quarterly Revenue Growth (0.32) | Return On Assets (0.14) | Return On Equity (1.64) |
The market value of Chardan NexTech Acqu is measured differently than its book value, which is the value of Chardan that is recorded on the company's balance sheet. Investors also form their own opinion of Chardan NexTech's value that differs from its market value or its book value, called intrinsic value, which is Chardan NexTech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chardan NexTech's market value can be influenced by many factors that don't directly affect Chardan NexTech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chardan NexTech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chardan NexTech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chardan NexTech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.