Chardan Nextech Acquisition Stock Analysis
| DFLI Stock | USD 0.73 0.10 12.05% |
Chardan NexTech Acquisition is undervalued with Real Value of 1.69 and Target Price of 4.63. The main objective of Chardan NexTech stock analysis is to determine its intrinsic value, which is an estimate of what Chardan NexTech Acquisition is worth, separate from its market price. There are two main types of Chardan NexTech's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Chardan NexTech's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Chardan NexTech's stock to identify patterns and trends that may indicate its future price movements.
The Chardan NexTech stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Chardan NexTech is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Chardan Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Chardan NexTech's ongoing operational relationships across important fundamental and technical indicators.
Chardan |
Chardan Stock Analysis Notes
About 60.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.12. Some equities with similar Price to Book (P/B) outperform the market in the long run. Chardan NexTech Acqu recorded a loss per share of 0.26. The entity had not issued any dividends in recent years. Dragonfly Energy Holdings Corp. manufactures and supplies deep cycle lithium-ion batteries for RVs, marine vessels, off-grid installations, and other storage applications. It also focuses on delivering an energy storage solution to enable a sustainable and reliable smart grid through the deployment of its solid-state cell technology. Dragonfly Energy operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange. To learn more about Chardan NexTech Acquisition call the company at 775 622 3448 or check out https://dragonflyenergy.com.Chardan NexTech Quarterly Total Revenue |
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Chardan NexTech Acqu Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Chardan NexTech's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Chardan NexTech Acquisition or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Chardan NexTech Acqu is way too risky over 90 days horizon | |
| Chardan NexTech Acqu has some characteristics of a very speculative penny stock | |
| Chardan NexTech Acqu appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 64.39 M. Net Loss for the year was (13.82 M) with profit before overhead, payroll, taxes, and interest of 24 M. | |
| Chardan NexTech Acquisition currently holds about 10.52 M in cash with (17.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.47. | |
| Chardan NexTech Acqu has a poor financial position based on the latest SEC disclosures | |
| Roughly 60.0% of the company shares are held by company insiders | |
| Latest headline from zacks.com: DRAGONFLY EGY Moves to Strong Buy Rationale Behind the Upgrade |
Chardan NexTech Acqu Upcoming and Recent Events
Earnings reports are used by Chardan NexTech to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Chardan NexTech previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 3rd of April 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 3rd of April 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Chardan Largest EPS Surprises
Earnings surprises can significantly impact Chardan NexTech's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-08-21 | 2023-06-30 | -0.19 | -0.23 | -0.04 | 21 | ||
2024-04-15 | 2024-03-31 | -0.2 | -0.11 | 0.09 | 45 | ||
2023-12-31 | 2023-12-31 | -0.2 | -0.11 | 0.09 | 45 |
Chardan Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Chardan NexTech is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Chardan NexTech Acquisition backward and forwards among themselves. Chardan NexTech's institutional investor refers to the entity that pools money to purchase Chardan NexTech's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Alliancebernstein L.p. | 2023-12-31 | 65.7 K | Charles Schwab Investment Management Inc | 2023-12-31 | 64.7 K | Nuveen Asset Management, Llc | 2023-12-31 | 64.4 K | Bank Of New York Mellon Corp | 2023-12-31 | 52.8 K | Wells Fargo & Co | 2023-12-31 | 50.9 K | Avant Capital Llc | 2023-09-30 | 45.5 K | Barclays Plc | 2023-12-31 | 40.5 K | Bank Of America Corp | 2023-12-31 | 37.3 K | Atria Wealth Solutions, Inc. | 2023-12-31 | 35.2 K | Blackrock Inc | 2023-12-31 | 1.5 M | Vanguard Group Inc | 2023-12-31 | 898.2 K |
Chardan Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 49.99 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Chardan NexTech's market, we take the total number of its shares issued and multiply it by Chardan NexTech's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Chardan Profitablity
Chardan NexTech's profitability indicators refer to fundamental financial ratios that showcase Chardan NexTech's ability to generate income relative to its revenue or operating costs. If, let's say, Chardan NexTech is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Chardan NexTech's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Chardan NexTech's profitability requires more research than a typical breakdown of Chardan NexTech's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.21) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.32) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.32. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.18) | (0.17) | |
| Return On Capital Employed | (0.79) | (0.75) | |
| Return On Assets | (0.18) | (0.17) | |
| Return On Equity | (0.50) | (0.52) |
Management Efficiency
Chardan NexTech Acqu has return on total asset (ROA) of (0.2087) % which means that it has lost $0.2087 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.7149) %, meaning that it created substantial loss on money invested by shareholders. Chardan NexTech's management efficiency ratios could be used to measure how well Chardan NexTech manages its routine affairs as well as how well it operates its assets and liabilities. The Chardan NexTech's current Return On Tangible Assets is estimated to increase to -0.17. The Chardan NexTech's current Return On Capital Employed is estimated to increase to -0.75. As of now, Chardan NexTech's Total Current Assets are increasing as compared to previous years. The Chardan NexTech's current Asset Turnover is estimated to increase to 1.47, while Total Assets are projected to decrease to under 71.4 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.53 | 0.28 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 0.53 | 0.28 | |
| Enterprise Value Over EBITDA | (1.50) | (1.42) | |
| Price Book Value Ratio | 1.02 | 0.97 | |
| Enterprise Value Multiple | (1.50) | (1.42) | |
| Price Fair Value | 1.02 | 0.97 | |
| Enterprise Value | 39.2 M | 37.2 M |
The analysis of Chardan NexTech's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Chardan NexTech's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Chardan Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta (0.52) |
Technical Drivers
As of the 23rd of April, Chardan NexTech shows the risk adjusted performance of 0.1103, and Mean Deviation of 4.85. Chardan NexTech Acqu technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Chardan NexTech Acquisition, which can be compared to its peers. Please confirm Chardan NexTech Acqu downside deviation and the relationship between the information ratio and expected short fall to decide if Chardan NexTech Acqu is priced correctly, providing market reflects its regular price of 0.73 per share. As Chardan NexTech Acqu is a penny stock we also strongly suggest to validate its total risk alpha numbers.Chardan NexTech Acqu Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Chardan NexTech middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Chardan NexTech Acqu. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Chardan NexTech Acqu Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Chardan NexTech insiders, such as employees or executives, is commonly permitted as long as it does not rely on Chardan NexTech's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Chardan NexTech insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Tyler Bourns over a week ago Acquisition by Tyler Bourns of 87407 shares of Chardan NexTech subject to Rule 16b-3 | ||
Wade Seaburg over six months ago Chardan NexTech exotic insider transaction detected | ||
Edmonds Karina over six months ago Purchase by Edmonds Karina of 200 shares of Chardan NexTech | ||
Nicole Harvey over six months ago Acquisition by Nicole Harvey of 74800 shares of Chardan NexTech subject to Rule 16b-3 | ||
Tyler Bourns over a year ago Acquisition by Tyler Bourns of 31466 shares of Chardan NexTech subject to Rule 16b-3 |
Chardan NexTech Predictive Daily Indicators
Chardan NexTech intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Chardan NexTech stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 305473.0 | |||
| Daily Balance Of Power | (0.53) | |||
| Rate Of Daily Change | 0.88 | |||
| Day Median Price | 0.74 | |||
| Day Typical Price | 0.73 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | (0.10) |
Chardan NexTech Forecast Models
Chardan NexTech's time-series forecasting models are one of many Chardan NexTech's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Chardan NexTech's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Chardan Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Chardan NexTech prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Chardan shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Chardan NexTech. By using and applying Chardan Stock analysis, traders can create a robust methodology for identifying Chardan entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (0.21) | (0.20) | |
| Operating Profit Margin | (0.43) | (0.40) | |
| Net Loss | (0.21) | (0.20) | |
| Gross Profit Margin | 0.24 | 0.36 |
Current Chardan Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Chardan analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Chardan analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 4.63 | Strong Buy | 4 | Odds |
Most Chardan analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Chardan stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Chardan NexTech Acqu, talking to its executives and customers, or listening to Chardan conference calls.
Chardan Stock Analysis Indicators
Chardan NexTech Acquisition stock analysis indicators help investors evaluate how Chardan NexTech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Chardan NexTech shares will generate the highest return on investment. By understating and applying Chardan NexTech stock analysis, traders can identify Chardan NexTech position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 17.8 M | |
| Total Stockholder Equity | 27.9 M | |
| Capital Lease Obligations | 3.6 M | |
| Total Liab | 47.3 M | |
| Property Plant And Equipment Net | 19.3 M | |
| Cash And Short Term Investments | 12.7 M | |
| Net Invested Capital | 47.6 M | |
| Cash | 12.7 M | |
| 50 Day M A | 0.5318 | |
| Net Interest Income | -15.2 M | |
| Total Current Liabilities | 40.4 M | |
| Investments | -7.3 M | |
| Interest Expense | 16 M | |
| Stock Based Compensation | 6.7 M | |
| Common Stock Shares Outstanding | 52.8 M | |
| Tax Provision | 991 K | |
| Free Cash Flow | -24.6 M | |
| Other Current Assets | 2.8 M | |
| Accounts Payable | 10.3 M | |
| Net Debt | 10.6 M | |
| Depreciation | 1.2 M | |
| Other Operating Expenses | 91.8 M | |
| Non Current Assets Total | 19.3 M | |
| Liabilities And Stockholders Equity | 75.2 M | |
| Non Currrent Assets Other | -1.00 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Chardan NexTech Acquisition. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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When running Chardan NexTech's price analysis, check to measure Chardan NexTech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chardan NexTech is operating at the current time. Most of Chardan NexTech's value examination focuses on studying past and present price action to predict the probability of Chardan NexTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chardan NexTech's price. Additionally, you may evaluate how the addition of Chardan NexTech to your portfolios can decrease your overall portfolio volatility.
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Is Chardan NexTech's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chardan NexTech. If investors know Chardan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chardan NexTech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.26) | Revenue Per Share 1.22 | Quarterly Revenue Growth (0.48) | Return On Assets (0.21) | Return On Equity (0.71) |
The market value of Chardan NexTech Acqu is measured differently than its book value, which is the value of Chardan that is recorded on the company's balance sheet. Investors also form their own opinion of Chardan NexTech's value that differs from its market value or its book value, called intrinsic value, which is Chardan NexTech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chardan NexTech's market value can be influenced by many factors that don't directly affect Chardan NexTech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chardan NexTech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chardan NexTech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chardan NexTech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.