A new trading day began on Friday, with Draganfly Inc (NASDAQ: DPRO) stock price up 8.31% from the previous day of trading, before settling in for the closing price of $7.82. DPRO’s price has ranged from $1.63 to $14.40 over the past 52 weeks.
It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 26.61%. Meanwhile, its annual earnings per share averaged 62.05%. With a float of $23.13 million, this company’s outstanding shares have now reached $23.26 million.
Draganfly Inc (DPRO) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Aerospace & Defense Industry. The insider ownership of Draganfly Inc is 0.57%, while institutional ownership is 8.08%.
Draganfly Inc (DPRO) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.06 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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 62.05% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 46.19% during the next five years compared to 26.61% growth over the previous five years of trading.
Draganfly Inc (NASDAQ: DPRO) Trading Performance Indicators
Here are Draganfly Inc’s current performance indicators. According to the last quarter’s results, the 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 38.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.72, a number that is poised to hit -0.22 in the next quarter and is forecasted to reach -0.59 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 2.63 million was superior to 2.43 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 18.93%.
During the past 100 days, Draganfly Inc’s (DPRO) raw stochastic average was set at 51.23%, which indicates a significant increase from 31.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.06 in the past 14 days, which was higher than the 0.77 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.00, while its 200-day Moving Average is $4.37. Now, the first resistance to watch is $8.90. This is followed by the second major resistance level at $9.34. The third major resistance level sits at $10.20. If the price goes on to break the first support level at $7.60, it is likely to go to the next support level at $6.74. Assuming the price breaks the second support level, the third support level stands at $6.30.
Draganfly Inc (NASDAQ: DPRO) Key Stats
With a market capitalization of 197.01 million, the company has a total of 5,428K Shares Outstanding. Currently, annual sales are 4,790 K while annual income is -10,130 K. The company’s previous quarter sales were 1,530 K while its latest quarter income was -3,440 K.
