AQR Capital Management LLC bought a new position in Dragonfly Energy Holdings Corp. (NASDAQ:DFLI – Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 43,513 shares of the company’s stock, valued at approximately $37,000. AQR Capital Management LLC owned 0.07% of Dragonfly Energy at the end of the most recent quarter.
Separately, Point72 Asia Singapore Pte. Ltd. purchased a new position in Dragonfly Energy during the 2nd quarter valued at about $48,000. 8.19% of the stock is currently owned by hedge funds and other institutional investors.
Dragonfly Energy Price Performance
NASDAQ DFLI opened at $0.60 on Friday. The company has a market cap of $36.55 million, a PE ratio of -1.11 and a beta of -0.83. Dragonfly Energy Holdings Corp. has a 52-week low of $0.43 and a 52-week high of $1.46. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.26 and a current ratio of 0.90. The firm’s 50 day moving average price is $0.56 and its 200-day moving average price is $0.75.
About Dragonfly Energy
Dragonfly Energy Holdings Corp. engages in the manufacturing and sale of deep cycle lithium-ion batteries for recreational vehicles, marine vessels, solar and off-grid residence industries, and industrial and energy storage markets. The company provides lithium power systems comprising solar panels, chargers and inverters, system monitoring, alternator regulators, accessories, and others.
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