The stock of Draganfly Inc (DPRO) has gone up by 8.33% for the week, with a -22.51% drop in the past month and a -55.09% drop in the past quarter. The volatility ratio for the week is 22.73%, and the volatility levels for the past 30 days are 15.71% for DPRO. The simple moving average for the past 20 days is -9.87% for DPRO’s stock, with a -63.87% simple moving average for the past 200 days.
Is It Worth Investing in Draganfly Inc (NASDAQ: DPRO) Right Now?
Moreover, the 36-month beta value for DPRO is 1.22.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for DPRO is 3.43M and currently, short sellers hold a 1.70% of that float. On September 16, 2024, DPRO’s average trading volume was 219.01K shares.
DPRO) stock’s latest price update
The stock of Draganfly Inc (NASDAQ: DPRO) has increased by 24.12 when compared to last closing price of 1.99.Despite this, the company has seen a gain of 8.33% in its stock price over the last five trading days. globenewswire.com reported 2024-09-10 that SASKATOON, Saskatchewan, Sept. 10, 2024 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solutions and systems developer is proud to announce the launch of its newest product, the APEX Drone, designed specifically to meet the demanding needs of military and law enforcement surveillance operations.
DPRO Trading at -36.09% 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 -89.26% of loss for the given period.
Volatility was left at 15.71%, however, over the last 30 days, the volatility rate increased by 22.73%, as shares sank -27.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -55.89% lower at present.
During the last 5 trading sessions, DPRO rose by +8.33%, which changed the moving average for the period of 200-days by -82.33% in comparison to the 20-day moving average, which settled at $2.69. In addition, Draganfly Inc saw -79.40% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DPRO
Current profitability levels for the company are sitting at:
- -2.59 for the present operating margin
- 0.24 for the gross margin
The net margin for Draganfly Inc stands at -3.04. The total capital return value is set at 7.26. Equity return is now at value -583.64, with -163.06 for asset returns.
Based on Draganfly Inc (DPRO), the company’s capital structure generated -0.31 points at debt to capital in total, while cash flow to debt ratio is standing at -15.76.
Currently, EBITDA for the company is -22.17 million with net debt to EBITDA at 0.31. When we switch over and look at the enterprise to sales, we see a ratio of 1.15. The receivables turnover for the company is 6.96for trailing twelve months and the total asset turnover is 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.69.
Conclusion
To wrap up, the performance of Draganfly Inc (DPRO) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
