Draganfly Inc (NASDAQ: DPRO) on Monday, soared 14.05% from the previous trading day, before settling in for the closing price of $6.62. Within the past 52 weeks, DPRO’s price has moved between $1.63 and $14.40.
A company in the Industrials sector has jumped its sales by 26.61% annually for the last half of the decade. The company achieved an average annual earnings per share of 63.77%. With a float of $23.13 million, this company’s outstanding shares have now reached $23.26 million.
Draganfly Inc (DPRO) Insider Updates
Observing investor behavior towards Aerospace & Defense industry stocks is more important than anything else. The insider ownership of Draganfly Inc is 0.54%, while institutional ownership is 9.20%.
Draganfly Inc (DPRO) Performance Highlights and Predictions
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported -1.12 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.76) by -0.36. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 63.77% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 52.25% during the next five years compared to 26.61% growth over the previous five years of trading.
Draganfly Inc (NASDAQ: DPRO) Trading Performance Indicators
Draganfly Inc (DPRO) is currently performing well based on its current performance indicators. A quick ratio of 11.35 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 32.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.85, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.48 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 2.2 million. That was inferior than the volume of 2.42 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 43.01%.
During the past 100 days, Draganfly Inc’s (DPRO) raw stochastic average was set at 39.27%, which indicates a significant decrease from 48.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.93 in the past 14 days, which was higher than the 0.84 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.55, while its 200-day Moving Average is $4.59. However, in the short run, Draganfly Inc’s stock first resistance to watch stands at $7.94. Second resistance stands at $8.32. The third major resistance level sits at $9.07. If the price goes on to break the first support level at $6.80, it is likely to go to the next support level at $6.05. Assuming the price breaks the second support level, the third support level stands at $5.66.
Draganfly Inc (NASDAQ: DPRO) Key Stats
Market capitalization of the company is 175.61 million based on 5,428K outstanding shares. Right now, sales total 4,790 K and income totals -10,130 K. The company made 1,570 K in profit during its latest quarter, and -3,750 K in sales during its previous quarter.
