Draganfly Inc (NASDAQ: DPRO) on Monday, plunged -9.04% from the previous trading day, before settling in for the closing price of $6.97. 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 69.66%. With a float of $23.13 million, this company’s outstanding shares have now reached $23.26 million.
Draganfly Inc (DPRO) Insider and Institutional Ownership
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 9.19%.
Draganfly Inc (DPRO) Latest Financial update
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 69.66% 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 27.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.85, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach -0.41 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 1.04 million. That was inferior than the volume of 2.35 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 19.37%.
During the past 100 days, Draganfly Inc’s (DPRO) raw stochastic average was set at 23.60%, which indicates a significant increase from 4.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.62 in the past 14 days, which was lower than the 0.83 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.64, while its 200-day Moving Average is $4.89. However, in the short run, Draganfly Inc’s stock first resistance to watch stands at $6.85. Second resistance stands at $7.37. The third major resistance level sits at $7.67. If the price goes on to break the first support level at $6.04, it is likely to go to the next support level at $5.74. The third support level lies at $5.23 if the price breaches the second support level.
Draganfly Inc (NASDAQ: DPRO) Key Stats
Market capitalization of the company is 147.47 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.
