Investors must take note of Draganfly Inc’s (DPRO) performance last week, which was 9.14%.

Shaun Noe

Draganfly Inc (NASDAQ: DPRO) kicked off on Friday, up 9.85% from the previous trading day, before settling in for the closing price of $6.09. Over the past 52 weeks, DPRO has traded in a range of $1.63-$7.30.

It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 26.61%. While this was happening, its average annual earnings per share was recorded 67.59%. 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 31.33%.

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 67.59% 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 7.07.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.72, a number that is poised to hit -0.19 in the next quarter and is forecasted to reach -0.39 in one year’s time.

Technical Analysis of Draganfly Inc (DPRO)

The latest stats from [Draganfly Inc, DPRO] show that its last 5-days average volume of 3.81 million was superior to 1.61 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 77.81%.

During the past 100 days, Draganfly Inc’s (DPRO) raw stochastic average was set at 89.16%, which indicates a significant decrease from 89.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.52 in the past 14 days, which was higher than the 0.41 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.10, while its 200-day Moving Average is $3.50. Now, the first resistance to watch is $7.12. This is followed by the second major resistance level at $7.56. The third major resistance level sits at $8.17. If the price goes on to break the first support level at $6.07, it is likely to go to the next support level at $5.46. The third support level lies at $5.02 if the price breaches the second support level.

Draganfly Inc (NASDAQ: DPRO) Key Stats

The company with the Market Capitalisation of 36.33 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.

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