Draganfly Inc (DPRO) with a beta value of 1.76 appears to be a promising investment opportunity.

Sana Meer

On Friday, Draganfly Inc (NASDAQ: DPRO) was 11.62% up from the session before settling in for the closing price of $9.81. A 52-week range for DPRO has been $1.63 – $14.40.

During the last 5-year period, the sales growth of Industrials Sector giant was 26.61%. When this article was written, the company’s average yearly earnings per share was at 60.43%. With a float of $23.13 million, this company’s outstanding shares have now reached $23.26 million.

Let’s determine the extent of company efficiency that accounts for 54 employees.

Draganfly Inc (DPRO) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Draganfly Inc stocks. The insider ownership of Draganfly Inc is 0.57%, while institutional ownership is 8.12%.

Draganfly Inc (DPRO) Recent Fiscal highlights

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.06 earnings per share (EPS) during the time that was better than consensus figure (set at -1.16) by 1.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.25 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 60.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 40.16% during the next five years compared to 26.61% growth over the previous five years of trading.

Draganfly Inc (NASDAQ: DPRO) Trading Performance Indicators

You can see what Draganfly Inc (DPRO) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 4.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 49.55.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.72, a number that is poised to hit -0.23 in the next quarter and is forecasted to reach -0.63 in one year’s time.

Technical Analysis of Draganfly Inc (DPRO)

Looking closely at Draganfly Inc (NASDAQ: DPRO), its last 5-days average volume was 3.74 million, which is a jump from its year-to-date volume of 2.43 million. As of the previous 9 days, the stock’s Stochastic %D was 71.39%.

During the past 100 days, Draganfly Inc’s (DPRO) raw stochastic average was set at 72.00%, which indicates a significant increase from 54.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.28 in the past 14 days, which was higher than the 0.72 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.59, while its 200-day Moving Average is $4.23. However, in the short run, Draganfly Inc’s stock first resistance to watch stands at $11.69. Second resistance stands at $12.42. The third major resistance level sits at $13.57. If the price goes on to break the first support level at $9.81, it is likely to go to the next support level at $8.66. Now, if the price goes above the second support level, the third support stands at $7.93.

Draganfly Inc (NASDAQ: DPRO) Key Stats

There are 5,428K outstanding shares of the company, which has a market capitalization of 254.70 million. As of now, sales total 4,790 K while income totals -10,130 K. Its latest quarter income was 1,530 K while its last quarter net income were -3,440 K.

News Daemon
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.