Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Dragonfly Energy Holdings Corp. (NASDAQ:DFLI – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 56,581 shares of the company’s stock, valued at approximately $48,000. Point72 Asia Singapore Pte. Ltd. owned approximately 0.09% of Dragonfly Energy at the end of the most recent quarter.
Separately, AQR Capital Management LLC acquired a new stake in shares of Dragonfly Energy during the second quarter worth $37,000. Institutional investors own 8.19% of the company’s stock.
Dragonfly Energy Trading Up 3.4 %
Dragonfly Energy stock opened at $0.59 on Friday. Dragonfly Energy Holdings Corp. has a 1 year low of $0.43 and a 1 year high of $1.52. The firm’s 50-day moving average is $0.59 and its 200-day moving average is $0.74. 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 company has a market cap of $36.35 million, a P/E ratio of -1.10 and a beta of -0.83.
Dragonfly Energy Company Profile
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.
Further Reading
- Five stocks we like better than Dragonfly Energy
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- 3 Key Stocks to Ride China’s Stimulus-Driven Growth
- Differences Between Momentum Investing and Long Term Investing
- 3 Dividend Growth Stocks Set to Supercharge Your Portfolio
- NYSE Stocks Give Investors a Variety of Quality OptionsĀ
- 3 Small-Cap Stocks on the Way to Bigger and Better Days
Want to see what other hedge funds are holding DFLI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dragonfly Energy Holdings Corp. (NASDAQ:DFLI – Free Report).
Receive News & Ratings for Dragonfly Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dragonfly Energy and related companies with MarketBeat.com's FREE daily email newsletter.