Tritium DCFC Limited (NASDAQ:DCFC – Get Rating) was down 8.3% on Thursday . The stock traded as low as $1.00 and last traded at $1.00. Approximately 694,187 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 2,574,544 shares. The stock had previously closed at $1.09.
Analysts Set New Price Targets
Several equities analysts have weighed in on DCFC shares. Credit Suisse Group reissued a “neutral” rating and set a $3.00 price target on shares of Tritium DCFC in a research report on Wednesday, March 15th. B. Riley decreased their price objective on Tritium DCFC from $10.00 to $6.00 and set a “buy” rating on the stock in a report on Tuesday, January 24th. Finally, Raymond James decreased their price objective on Tritium DCFC from $4.00 to $3.00 and set an “outperform” rating on the stock in a report on Wednesday, April 5th.
Tritium DCFC Stock Down 8.3 %
The stock has a 50 day simple moving average of $1.08 and a 200 day simple moving average of $1.40.
Hedge Funds Weigh In On Tritium DCFC
Tritium DCFC Company Profile
Tritium DCFC Limited designs, manufactures, and supplies direct current chargers for electric vehicles in the United States, North America, Europe, and the Asia Pacific. The company's charging station hardware portfolio includes various standalone chargers, such as 50, 75, 150, 175, and 350-kilowatt chargers.
- Get a free copy of the StockNews.com research report on Tritium DCFC (DCFC)
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