Dragonfly Energy Holdings Corp (DFLI) posted a -9.48% change over the last five days signaling a new trend

Dragonfly Energy Holdings Corp (NASDAQ: DFLI) continued to show volatility, opening Friday down 5.89% from the prior session and closing at $0.29. Over the past 52 weeks, the stock has traded between $0.15 and $5.78, underscoring the wide range of sentiment and momentum shifts that have defined its recent trajectory.

Share Structure and Ownership

• Shares outstanding: approximately 61.72 million (about 61,725K)
• Public float: approximately 57.93 million
• Insider ownership: 6.15%
• Institutional ownership: 6.94%
• Market capitalization: about $16.97 million

Recent Earnings and Outlook

For the quarter ended 9/30/2024, Dragonfly Energy reported an EPS of -0.99, beating the consensus estimate of -1.65 by $0.66. At the time, Wall Street projections pointed to a full-year EPS of approximately -0.61. The company’s diluted EPS for the trailing twelve months stands at -3.87. Forward-looking figures referenced in the period included an anticipated EPS of -0.48 for the next quarter and -1.46 over the coming year.

Separately, the company’s average yearly EPS growth was noted at 57.02% at the time of reporting, reflecting the variability of results amid scaling efforts and market conditions.

Liquidity and Valuation Metrics

• Quick ratio (most recent quarter): 0.43
• Price-to-sales (TTM): 0.31

These figures point to tight near-term liquidity balanced against a relatively low sales multiple, a combination that often keeps investor focus on execution and cash management.

Trading Activity and Momentum

• Five-day volume: 3.08 million, trailing the prior year’s average volume of 11.3 million
• Stochastic %D (previous 9 days): 9.90%
• Raw stochastic average (100 days): 23.15%, up from 13.44% over the past two weeks
• Historical volatility: 0.0347 over the past 14 days vs. 0.0485 over the past 100 days

The declines in near-term volatility relative to the longer-term reading, together with oversold-leaning stochastic levels, suggest a period of compressed price movement following recent selloffs. However, reduced trading volume in the last five days may indicate caution among market participants.

Technical Levels to Watch

• 50-day moving average: $0.2596
• 200-day moving average: $1.3527
• Near-term resistance: $0.2901, then $0.3053, followed by $0.3133
• Near-term support: $0.2669, then $0.2589, followed by $0.2437

With price action hovering around key resistance and support levels, traders may watch for sustained breaks above $0.3053 for bullish confirmation or a move below $0.2589 as a sign of renewed downside pressure.

Financial Snapshot

• Annual sales: approximately $50.65 million
• Annual net income: approximately -$40.62 million
• Most recent quarterly sales: approximately $16.25 million
• Most recent quarterly net income: approximately -$7.03 million

The figures highlight a company working to grow revenue while narrowing losses. With a modest market capitalization and low price-to-sales ratio, sentiment is likely to hinge on progress toward improved margins, liquidity, and consistent execution.

Overall, DFLI’s recent five-day slide underscores shifting momentum as the stock tests nearby technical levels. Investors tracking the name may focus on liquidity metrics, revenue cadence, and upcoming earnings to gauge whether this move evolves into a sustained trend or stabilizes around support.