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How to Buy Dragonfly Energy Holdings Stock

Dragonfly Energy Holdings Corp

Dragonfly Energy Holdings Corp. manufactures and supplies deep cycle lithium-ion batteries for RVs, marine vessels, off-grid installations, and other storage applications.

Dragonfly Energy Holdings stock last closed at $0.54, up 2.27% from the previous day, and has decreased 86.22% in one year. It has underperformed other stocks in the Electrical Equipment & Parts industry by 1.19 percentage points. Dragonfly Energy Holdings stock is currently +27.06% from its 52-week low of $0.43, and -91.5% from its 52-week high of $6.35.

As of Mar 28, 2024, there are 59.55M shares of DFLI outstanding. The market value of DFLI is $32.16M. In the last 24 hours, 126,822 DFLI shares were traded.

How to Buy Dragonfly Energy Holdings Stock

Wondering how to invest in Dragonfly Energy Holdings stock? Here's how.
  1. Figure out where to buy Dragonfly Energy Holdings stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Dragonfly Energy Holdings stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Choose your method of payment and add your details.
  4. Evaluate Dragonfly Energy Holdings stock: The Dragonfly Energy Holdings ticker symbol is DFLI. Is Dragonfly Energy Holdings stock a good investment? Should you buy shares of DFLI? How do DFLI's underlying business fundamentals look? Do top analysts think Dragonfly Energy Holdings is a good buy? Why has DFLI's stock price moved recently? (Hint: Our stock research tools can help you evaluate if DFLI is a good stock to buy).
  5. Place your DFLI buy order: Decide if you will purchase DFLI shares at the current market price or use a limit order to purchase DFLI stock at a particular price.
  6. Keep tabs on your DFLI position: Create a watchlist to key updates about your new investment in Dragonfly Energy Holdings shares.

Step 1: Figure out where to buy Dragonfly Energy Holdings stock

You need a brokerage account to access the NASDAQ market and buy DFLI shares.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've selected the best brokerage, the next step is to fill out some personal details so you can buy DFLI stock today.

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  1. Submit your info by pressing the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you have created your account on one of the best stock market apps, you can securely and quickly fund your account:

Check out the tutorial below for more details depositing funds into your new brokerage account.

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Step 4: Evaluate Dragonfly Energy Holdings stock

Once you have identified the best place to buy Dragonfly Energy Holdings stock, it's important to analyze their stock before you invest, so you truly wrap your head around the risk and upside.

Dragonfly Energy Holdings shares at a glance

DFLI Price
$0.54
1w %
-0.37%
1y %
-86.22%
5y %
N/A
P/E
-0.55x
P/B
1.32x
P/S
0.43x
PEG
N/A
Revenue
$74.16M
Earnings
-$48.95M
Fore. Rev. Growth
-0.29%
Fore. Earn. Growth
N/A
Market Cap
$32.16M
Next Earnings
N/A
Next Dividend
N/A

DFLI Zen Score

WallStreetZen was designed to help average investors do more accurate fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on DFLI's stock page.

How is DFLI stock valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge DFLI's fair value.

Using relative valuations metrics:

  • DFLI may be undervalued based on its P/B ratio of 1.32x, relative to Electrical Equipment & Parts industry P/B ratio of 4.21x

You can access more valuation analysis on DFLI's stock here.

DFLI Financial Health Summary

Passed Health Checks:

  • There are more short-term assets than long-term liabilities on the DFLI balance sheet.
  • There are more short-term assets than short-term liabilities on the DFLI balance sheet.

Failed Health Checks:

  • DFLI profit margin has gone down from -8.7% to -66% in the past year.
  • DFLI has a relatively high debt to equity ratio of 2.39.
  • DFLI has cash burn of 44981000. It does not have sufficient cash and short-term investments to cover this.
  • DFLI has $13.24M in cash and short term investments. This is not sufficient to cover its annual cash burn of $44.98M.

Is DFLI stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 1 Wall Street analysts who give forecasts on DFLI, the consensus analyst rating on Dragonfly Energy Holdings is a Hold

Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are forecasting on the Dragonfly Energy Holdings stock forecast page.

DFLI Trading Indicators

SMA10
0.52
SMA20
0.54
SMA50
0.51
SMA100
0.55
SMA200
1.17
MACD
0
MACD Signal
0
MACD Histogram
0
RSI
52.14
Stochastic %K
38.59
Stochastic %D
31.01
StochRSI %K
50.95
StochRSI %D
35.55

DFLI Performance Numbers

Last year, DFLI revenue was $74.16M. In the past 2 year, DFLI's revenue has gone up by 13.25% per year. This was faster than the Electrical Equipment & Parts industry average of 10.68%.

Dive into DFLI's earnings and revenue performance here.

Who is buying/selling DFLI?

In the past year, executives and large shareholders at DFLI have not bought or sold any shares.

Dig into more about who owns DFLI shares here.

Does DFLI stock generate passive income?

No, Dragonfly Energy Holdings doesn't provide an income stream by paying out dividends.

What others are saying about DFLI

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Place your DFLI buy order

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually fine.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a given dollar amount limit, place a limit order.

Press the Open button and eToro will place your order.

If you want more assistance buying stocks on eToro, watch the helpful video below:

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Step 6: Keep tabs on your DFLI position

Now that you own some shares in DFLI, you'll want to keep up with your stock purchase.

Put DFLI on a watchlist to track the latest developments regarding your DFLI stock.

DFLI Feed

How to Buy Stock in Dragonfly Energy Holdings

To reiterate, here are the 6 steps you need to take to buy Dragonfly Energy Holdings stock right now:

  1. Figure out where to buy Dragonfly Energy Holdings stock
  2. Sign up for your brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Dragonfly Energy Holdings stock
  5. Place your DFLI buy order
  6. Keep tabs on your DFLI position

If you need a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get notifications regarding your new investment in Dragonfly Energy Holdings, click the button below.

NASDAQ: DFLI
$0.54+0.01 (+2.27%)
Updated Mar 28, 2024
Open eToro Account
NASDAQ: DFLI
$0.54+0.01 (+2.27%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Dragonfly Energy Holdings share?

As of Mar 28, 2024, it costs $0.54 to buy one share of Dragonfly Energy Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.27, you can buy 0.5 shares of DFLI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Dragonfly Energy Holdings stock?

According to 1 Wall Street analysts who monitor Dragonfly Energy Holdings, their consensus recommendation is to hold Dragonfly Energy Holdings stock.

What is the best way to buy Dragonfly Energy Holdings stock?

One way to place an order for Dragonfly Energy Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.