The stock of Tritium DCFC Limited (NASDAQ:DCFC) decreased by -$0.02 on Tuesday to finish at $0.56, down -2.20 percent. The last five days have seen an average of 2,090,640 shares of common stock traded. 2 times new highs were reached in the current year, with a fall of -$1.1160. The average number of shares traded over the last 20 days was 1,431,425, while the average volume over the last 50 days totaled 1,264,066.
DCFC stock dropped -45.77% since last month. On 09/19/23, the company’s shares reached a one-month low of $0.5500. The stock touched a high of $5.95 on 01/17/23, after rallying from a low of $0.57 in 52 weeks. The price of DCFC stock has declined by -66.43% or -$1.1160 this year, reaching a new high 2 times. Still, the stock price is down -90.52% from the 52-week high.
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Financial Health
For the recent quarter, Tritium DCFC Limited’s quick ratio was 0.90, while its current ratio was 1.30, indicating its inability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is -10.80% percent. Based on annual data, it had gross profit of -$0.34 million and revenue of $85.82 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. There was a -208.10% return on investment (ROI) in the past year.
Technical Picture
Here’s a quick look at Tritium DCFC Limited’s (DCFC) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 9.47%, suggesting the stock is oversold, with a 41.56% historical volatility rate.
The stochastic %K and %D were 3.27% and 5.10% respectively, while the average true range (ATR) was 0.0766. Based on the 14-day stochastic reading of 2.80%, the RSI (14) reading is 17.86%. On the 9-day MACD Oscillator, the stock is at -0.1019, and the 14-day reading is at -0.1832.
Analyst Ratings
Tritium DCFC Limited (NASDAQ: DCFC) was downgraded by ROTH Capital to a a Neutral rating in its latest research report. The stock was previously rated as a a Buy. Analysts have assigned Tritium DCFC Limited (DCFC) an Buy rating. DCFC is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 2 others recommend it as a buy.
What is DCFC’s price target for the next 12 months?
The current consensus forecast for the stock is between $3.00 and $7.00, with a median target price of $5.00. In analyzing these forecasts, the average price target given by analysts for Tritium DCFC Limited (DCFC) is $5.00.
