8.96% percent quarterly performance for Draganfly Inc (DPRO) is not indicative of the underlying story

On Monday, Draganfly Inc (NASDAQ: DPRO) opened higher 22.31% from the last session, before settling in for the closing price of $2.51. Price fluctuations for DPRO have ranged from $1.55 to $15.00 over the past 52 weeks.

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Industrials Sector giant saw their annual sales surged by 53.97% over the last five years. Company’s average yearly earnings per share was noted 73.25% at the time writing. With a float of $3.77 million, this company’s outstanding shares have now reached $3.83 million.

The firm has a total of 54 workers. Let’s measure their productivity. In terms of profitability, gross margin is 19.4%, operating margin of -172.56%, and the pretax margin is -227.55%.

Draganfly Inc (DPRO) Insider Activity

A key investor’s attitude towards the stock of the Aerospace & Defense industry is another important factor to consider. The insider ownership of Draganfly Inc is 1.52%, while institutional ownership is 3.50%.

Draganfly Inc (DPRO) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -1.92 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -3) by 1.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 73.25% per share during the next fiscal year.

Draganfly Inc (NASDAQ: DPRO) Trading Performance Indicators

Check out the current performance indicators for Draganfly Inc (DPRO). In the past quarter, the stock posted a quick ratio of 1.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.12.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.07, a number that is poised to hit -0.54 in the next quarter and is forecasted to reach -0.92 in one year’s time.

Technical Analysis of Draganfly Inc (DPRO)

Analysing the last 5-days average volume posted by the [Draganfly Inc, DPRO], we can find that recorded value of 0.17 million was better than the volume posted last year of 0.11 million. As of the previous 9 days, the stock’s Stochastic %D was 56.12%. Additionally, its Average True Range was 0.35.

During the past 100 days, Draganfly Inc’s (DPRO) raw stochastic average was set at 33.50%, which indicates a significant decrease from 85.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 118.94% in the past 14 days, which was lower than the 142.54% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.69, while its 200-day Moving Average is $4.61. Now, the first resistance to watch is $3.36. This is followed by the second major resistance level at $3.66. The third major resistance level sits at $4.06. If the price goes on to break the first support level at $2.66, it is likely to go to the next support level at $2.26. Should the price break the second support level, the third support level stands at $1.96.

Draganfly Inc (NASDAQ: DPRO) Key Stats

There are currently 1,972K shares outstanding in the company with a market cap of 17.76 million. Presently, the company’s annual sales total 4,860 K according to its annual income of -17,490 K. Last quarter, the company’s sales amounted to 1,380 K and its income totaled -150 K.