Tritium DCFC Stock to Reverse Split on Tuesday, April 2nd (NASDAQ:DCFC)

Tritium DCFC Limited (NASDAQ:DCFCFree Report) shares are scheduled to reverse split before the market opens on Tuesday, April 2nd. The 1-200 reverse split was announced on Tuesday, April 2nd. The number of shares owned by shareholders will be adjusted after the closing bell on Tuesday, April 2nd.

Tritium DCFC Price Performance

Shares of DCFC stock opened at $0.05 on Friday. Tritium DCFC has a 52-week low of $0.05 and a 52-week high of $1.52. The stock has a 50 day moving average price of $0.11 and a 200 day moving average price of $0.22.

Institutional Investors Weigh In On Tritium DCFC

A number of institutional investors and hedge funds have recently modified their holdings of the business. Advisor Group Holdings Inc. bought a new stake in shares of Tritium DCFC during the 1st quarter worth approximately $30,000. Goldman Sachs Group Inc. lifted its stake in shares of Tritium DCFC by 19.5% during the 2nd quarter. Goldman Sachs Group Inc. now owns 45,419 shares of the company’s stock worth $277,000 after acquiring an additional 7,419 shares during the last quarter. Penserra Capital Management LLC bought a new stake in Tritium DCFC during the 1st quarter valued at $89,000. Toroso Investments LLC bought a new stake in Tritium DCFC during the 3rd quarter valued at $32,000. Finally, JPMorgan Chase & Co. raised its position in Tritium DCFC by 57.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 29,679 shares of the company’s stock valued at $181,000 after purchasing an additional 10,841 shares in the last quarter. 8.27% of the stock is owned by institutional investors.

About Tritium DCFC

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Tritium DCFC Limited designs, manufactures, and supplies direct current chargers for electric vehicles in Australia and internationally. The company's charging station hardware portfolio includes various standalone chargers and distributed chargers. Its service and maintenance portfolio includes warranties, service level agreements, and sales of spare parts.

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