The stock of Draganfly Inc (DPRO) has seen a -20.06% decrease in the past week, with a 15.73% gain in the past month, and a -48.24% decrease in the past quarter. The volatility ratio for the week is 10.91%, and the volatility levels for the past 30 days are at 13.97% for DPRO. The simple moving average for the past 20 days is -1.02% for DPRO’s stock, with a -48.97% simple moving average for the past 200 days.
Is It Worth Investing in Draganfly Inc (NASDAQ: DPRO) Right Now?
Company’s 36-month beta value is 1.18.
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The public float for DPRO is 3.43M, and currently, short sellers hold a 5.62% ratio of that floaft. The average trading volume of DPRO on October 17, 2024 was 250.75K shares.
DPRO) stock’s latest price update
Draganfly Inc (NASDAQ: DPRO) has experienced a decline in its stock price by -9.75 compared to its previous closing price of 3.18. However, the company has seen a fall of -20.06% in its stock price over the last five trading days. globenewswire.com reported 2024-10-08 that Advisory Board Welcomes Former White House Chief of Staff Andy Card and Kim Moody as Audit Chair Saskatoon, SK, Oct. 08, 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 pleased to announce updates to its Board of Directors and Advisory Board. Olen Aasen is stepping down from the Draganfly Board, and Kim Moody has been appointed as the new Audit Chair.
DPRO Trading at 0.12% 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 -85.28% of loss for the given period.
Volatility was left at 13.97%, however, over the last 30 days, the volatility rate increased by 10.91%, as shares surge +25.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -30.26% lower at present.
During the last 5 trading sessions, DPRO fell by -20.06%, which changed the moving average for the period of 200-days by -76.06% in comparison to the 20-day moving average, which settled at $2.90. In addition, Draganfly Inc saw -76.06% 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 1.49. 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
In a nutshell, Draganfly Inc (DPRO) has experienced a bad performance in recent times. The stock has received mixed “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.
