On Friday, Draganfly Inc (NASDAQ: DPRO) opened lower -3.51% from the last session, before settling in for the closing price of $3.42. Price fluctuations for DPRO have ranged from $1.55 to $11.76 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 68.15% annually for the last half of the decade. Company’s average yearly earnings per share was noted 73.54% at the time writing. With a float of $5.36 million, this company’s outstanding shares have now reached $5.43 million.
In an organization with 54 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 19.4%, operating margin of -235.39%, and the pretax margin is -227.55%.
Draganfly Inc (DPRO) Insider Updates
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 4.01%, while institutional ownership is 4.61%.
Draganfly Inc (DPRO) Performance Highlights and Predictions
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 73.54% 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 4.16.
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 -0.91 in one year’s time.
Technical Analysis of Draganfly Inc (DPRO)
Let’s dig in a bit further. During the last 5-days, its volume was 0.23 million. That was inferior than the volume of 0.26 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 16.01%. Additionally, its Average True Range was 0.58.
During the past 100 days, Draganfly Inc’s (DPRO) raw stochastic average was set at 43.53%, which indicates a significant increase from 5.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 124.14% in the past 14 days, which was lower than the 142.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.53, while its 200-day Moving Average is $4.32. However, in the short run, Draganfly Inc’s stock first resistance to watch stands at $3.49. Second resistance stands at $3.69. The third major resistance level sits at $3.83. If the price goes on to break the first support level at $3.15, it is likely to go to the next support level at $3.01. Assuming the price breaks the second support level, the third support level stands at $2.81.
Draganfly Inc (NASDAQ: DPRO) Key Stats
There are currently 1,972K shares outstanding in the company with a market cap of 17.92 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.
