Chardan NexTech Acquisition 2 Corp

Company Profile

Chardan NexTech Acquisition 2 Corp had its IPO on 2021-08-24 under the ticker symbol DFLIW.

The company operates in the Industrials sector and Electrical Equipment & Parts industry. Chardan NexTech Acquisition 2 Corp has a staff strength of 0 employees.

Stock update

Shares of Chardan NexTech Acquisition 2 Corp opened at $0.16 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.16 - $0.18, and closed at $0.16.

This is a 0% increase from the previous day's closing price.

A total volume of 6,673 shares were traded at the close of the day’s session.

In the last one week, shares of Chardan NexTech Acquisition 2 Corp have increased by +3.83%.

Chardan NexTech Acquisition 2 Corp's Key Ratios

Chardan NexTech Acquisition 2 Corp has a market cap of $0, indicating a price to book ratio of 0 and a price to sales ratio of 0.

In the last 12-months Chardan NexTech Acquisition 2 Corp’s revenue was $78.95 million with a gross profit of $0 and an EBITDA of $-100000. 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 -1.06% while its return on assets stood at 0% with a return of equity of 0%.

In Q1, Chardan NexTech Acquisition 2 Corp’s quarterly earnings growth was a positive 0% while revenue growth was a negative 7.3%.

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 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 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.

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

$90.51 million

Total Liabilities

$50.48 million

Operating Cash Flow

$0

Capital Expenditure

$589000

Dividend Payout Ratio

0%

Chardan NexTech Acquisition 2 Corp ended 2024 with $90.51 million in total assets and $0 in total liabilities. Its intangible assets were valued at $90.51 million while shareholder equity stood at $32.32 million.

Chardan NexTech Acquisition 2 Corp ended 2024 with $0 in deferred long-term liabilities, $50.48 million in other current liabilities, 5000.00 in common stock, $-22241000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $15.79 million and cash and short-term investments were $15.79 million. The company’s total short-term debt was $22,914,000 while long-term debt stood at $0.

Chardan NexTech Acquisition 2 Corp’s total current assets stands at $75.02 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $2.97 million compared to accounts payable of $18.82 million and inventory worth $51.81 million.

In 2024, Chardan NexTech Acquisition 2 Corp's operating cash flow was $0 while its capital expenditure stood at $589000.

Comparatively, Chardan NexTech Acquisition 2 Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.16

52-Week High

$0.6599

52-Week Low

$0.107

Analyst Target Price

$

Chardan NexTech Acquisition 2 Corp stock is currently trading at $0.16 per share. It touched a 52-week high of $0.6599 and a 52-week low of $0.6599. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.18 and 200-day moving average was $0.25 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 0% are held by institutions.