Draganfly Inc (NASDAQ: DPRO) kicked off on Monday, down -9.04% from the previous trading day, before settling in for the closing price of $10.29. Over the past 52 weeks, DPRO has traded in a range of $1.63-$12.12.
A company in the Industrials sector has jumped its sales by 26.61% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 67.77%. With a float of $5.41 million, this company’s outstanding shares have now reached $13.97 million.
Draganfly Inc (DPRO) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Aerospace & Defense Industry. The insider ownership of Draganfly Inc is 0.36%, while institutional ownership is 32.31%.
Draganfly Inc (DPRO) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.06 earnings per share (EPS), higher than consensus estimate (set at -1.16) by 1.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 67.77% per share during the next fiscal year.
Draganfly Inc (NASDAQ: DPRO) Trading Performance Indicators
Take a look at Draganfly Inc’s (DPRO) current performance indicators. Last quarter, stock had a quick ratio of 4.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.89.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.72, a number that is poised to hit -0.18 in the next quarter and is forecasted to reach -0.38 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 22.01 million. That was better than the volume of 2.17 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 70.18%.
During the past 100 days, Draganfly Inc’s (DPRO) raw stochastic average was set at 73.69%, which indicates a significant increase from 61.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.12 in the past 14 days, which was higher than the 0.50 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.47, while its 200-day Moving Average is $3.64. However, in the short run, Draganfly Inc’s stock first resistance to watch stands at $10.72. Second resistance stands at $12.08. The third major resistance level sits at $12.79. If the price goes on to break the first support level at $8.65, it is likely to go to the next support level at $7.94. The third support level lies at $6.58 if the price breaches the second support level.
Draganfly Inc (NASDAQ: DPRO) Key Stats
The company with the Market Capitalisation of 50.82 million has total of 5,428K Shares Outstanding. Its annual sales at the moment are 4,790 K in contrast with the sum of -10,130 K annual income. Company’s last quarter sales were recorded 1,530 K and last quarter income was -3,440 K.
