Chardan NexTech Acquisition 2 Corp
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $1.69
- Today's High:
- $1.785
- Open Price:
- $1.76
- 52W Low:
- $2.52
- 52W High:
- $28.75
- Prev. Close:
- $1.76
- Volume:
- 240036
Company Statistics
- Market Cap.:
- $125.73 million
- Book Value:
- 0.706
- Revenue TTM:
- $86.74 million
- Operating Margin TTM:
- -48.71%
- Gross Profit TTM:
- $24.00 million
- Profit Margin:
- -37.33%
- Return on Assets TTM:
- -32.76%
- Return on Equity TTM:
- -139.34%
Company Profile
Chardan NexTech Acquisition 2 Corp had its IPO on 2022-10-07 under the ticker symbol DFLI.
The company operates in the Industrials sector and Electrical Equipment & Parts industry. Chardan NexTech Acquisition 2 Corp has a staff strength of 171 employees.
Stock update
Shares of Chardan NexTech Acquisition 2 Corp opened at $1.76 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $1.69 - $1.79, and closed at $1.71.
This is a -2.84% slip from the previous day's closing price.
A total volume of 240,036 shares were traded at the close of the day’s session.
In the last one week, shares of Chardan NexTech Acquisition 2 Corp have slipped by -2.29%.
Chardan NexTech Acquisition 2 Corp's Key Ratios
Chardan NexTech Acquisition 2 Corp has a market cap of $125.73 million, indicating a price to book ratio of 42.4432 and a price to sales ratio of 6.5897.
In the last 12-months Chardan NexTech Acquisition 2 Corp’s revenue was $86.74 million with a gross profit of $24.00 million and an EBITDA of $-41255000. The EBITDA ratio measures Chardan NexTech Acquisition 2 Corp's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Chardan NexTech Acquisition 2 Corp’s operating margin was -48.71% while its return on assets stood at -32.76% with a return of equity of -139.34%.
In Q1, Chardan NexTech Acquisition 2 Corp’s quarterly earnings growth was a positive 0% while revenue growth was a positive 2.7%.
Chardan NexTech Acquisition 2 Corp’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 0
- PEG
Its diluted EPS in the last 12-months stands at $-0.7 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Chardan NexTech Acquisition 2 Corp’s profitability.
Chardan NexTech Acquisition 2 Corp stock is trading at a EV to sales ratio of 6.5903 and a EV to EBITDA ratio of -5203.1601. Its price to sales ratio in the trailing 12-months stood at 6.5897.
Chardan NexTech Acquisition 2 Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $89.31 million
- Total Liabilities
- $21.87 million
- Operating Cash Flow
- $-589000.00
- Capital Expenditure
- $4.82 million
- Dividend Payout Ratio
- 0%
Chardan NexTech Acquisition 2 Corp ended 2024 with $89.31 million in total assets and $0 in total liabilities. Its intangible assets were valued at $89.31 million while shareholder equity stood at $11.33 million.
Chardan NexTech Acquisition 2 Corp ended 2024 with $0 in deferred long-term liabilities, $21.87 million in other current liabilities, 4000.00 in common stock, $-6673000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $17.78 million and cash and short-term investments were $17.78 million. The company’s total short-term debt was $1,188,000 while long-term debt stood at $0.
Chardan NexTech Acquisition 2 Corp’s total current assets stands at $74.03 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $1.44 million compared to accounts payable of $14.02 million and inventory worth $49.85 million.
In 2024, Chardan NexTech Acquisition 2 Corp's operating cash flow was $-589000.00 while its capital expenditure stood at $4.82 million.
Comparatively, Chardan NexTech Acquisition 2 Corp paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $1.71
- 52-Week High
- $28.75
- 52-Week Low
- $2.52
- Analyst Target Price
- $10
Chardan NexTech Acquisition 2 Corp stock is currently trading at $1.71 per share. It touched a 52-week high of $28.75 and a 52-week low of $28.75. Analysts tracking the stock have a 12-month average target price of $10.
Its 50-day moving average was $2.02 and 200-day moving average was $5.02 The short ratio stood at 0.9 indicating a short percent outstanding of 0%.
Around 7454% of the company’s stock are held by insiders while 555.8% are held by institutions.
Frequently Asked Questions About Chardan NexTech Acquisition 2 Corp
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