Tritium DCFC (DCFC) Scheduled to Post Earnings on Thursday

Posted by Defense World Staff on Sep 20th, 2023

Tritium DCFC (NASDAQ:DCFC – Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, September 21st. Analysts expect Tritium DCFC to post earnings of ($0.17) per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Tritium DCFC Stock Performance

Shares of DCFC stock opened at $0.56 on Wednesday. Tritium DCFC has a one year low of $0.55 and a one year high of $5.69. The company’s fifty day moving average price is $1.03 and its 200-day moving average price is $1.09.

Institutional Trading of Tritium DCFC

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Wells Fargo & Company MN increased its holdings in Tritium DCFC by 34.9% in the 2nd quarter. Wells Fargo & Company MN now owns 58,000 shares of the company’s stock valued at $63,000 after acquiring an additional 15,000 shares during the last quarter. XTX Topco Ltd bought a new stake in Tritium DCFC in the 2nd quarter valued at $36,000. Renaissance Technologies LLC bought a new stake in Tritium DCFC in the 2nd quarter valued at $501,000. Geode Capital Management LLC increased its holdings in Tritium DCFC by 46.8% in the 2nd quarter. Geode Capital Management LLC now owns 148,380 shares of the company’s stock valued at $162,000 after acquiring an additional 47,300 shares during the last quarter. Finally, Toroso Investments LLC increased its holdings in Tritium DCFC by 411.4% in the 1st quarter. Toroso Investments LLC now owns 51,401 shares of the company’s stock valued at $66,000 after acquiring an additional 41,350 shares during the last quarter. 37.70% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, B. Riley restated a “buy” rating on shares of Tritium DCFC in a research report on Thursday, July 20th.

Read Our Latest Report on Tritium DCFC

About Tritium DCFC

(Get Free Report)

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.