Draganfly Inc. (NASDAQ:DPRO) went up by 14.96% from its latest closing price compared to the recent 1-year high of $3.84. The company’s stock price has collected 55.32% of gains in the last five trading sessions.
Is It Worth Investing in Draganfly Inc. (NASDAQ :DPRO) Right Now?
Draganfly Inc. (NASDAQ:DPRO) scored a price-to-earnings ratio above its average ratio, recording 121.67 x from its present earnings ratio. Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for Draganfly Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $2.00. DPRO currently public float of 33.11M and currently shorts hold a 0.95% ratio of that float. Today, the average trading volume of DPRO was 438.37K shares.
DPRO’s Market Performance
DPRO stocks went up by 55.32% for the week, with a monthly jump of 56.99% and a quarterly performance of 99.18%, while its annual performance rate touched 11.45%. The volatility ratio for the week stands at 19.29% while the volatility levels for the past 30 days are set at 10.27% for Draganfly Inc. The simple moving average for the period of the last 20 days is 61.60% for DPRO stocks with a simple moving average of 52.40% for the last 200 days.
DPRO Trading at 66.20% from the 50-Day Moving Average
After a stumble in the market that brought DPRO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -61.98% of loss for the given period.
Volatility was left at 10.27%, however, over the last 30 days, the volatility rate increased by 19.29%, as shares surge +65.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +117.29% upper at present.
During the last 5 trading sessions, DPRO rose by +55.32%, which changed the moving average for the period of 200-days by -34.53% in comparison to the 20-day moving average, which settled at $0.9324. In addition, Draganfly Inc. saw 94.67% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for DPRO
Current profitability levels for the company are sitting at:
- -285.94 for the present operating margin
- +33.06 for the gross margin
The net margin for Draganfly Inc. stands at -229.70. Equity return is now at value 6.00, with 5.20 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 4.99.