Tritium DCFC (NASDAQ:DCFC) Trading Down 6%

Tritium DCFC Limited (NASDAQ:DCFCGet Rating)’s share price traded down 6% during trading on Thursday . The company traded as low as $9.21 and last traded at $9.22. 6,529 shares were traded during mid-day trading, a decline of 100% from the average session volume of 3,037,376 shares. The stock had previously closed at $9.81.

A number of equities research analysts have commented on the company. Raymond James raised their price objective on Tritium DCFC from $10.00 to $11.00 and gave the company an “outperform” rating in a research note on Tuesday, April 5th. Zacks Investment Research lowered Tritium DCFC from a “buy” rating to a “hold” rating in a report on Tuesday, March 8th.

The firm’s fifty day moving average is $8.61.

Tritium DCFC Company Profile (NASDAQ:DCFC)

Tritium DCFC Limited designs, manufactures, and supplies direct current chargers for electric vehicles in the United States, Australia, and the Netherlands. The company provides approximately 3.6 million high-power charging sessions. It also provides CAN ethernet bridge products. The company serves to retail and hospitality, workplaces, and dealerships.

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