The price of Draganfly Inc. (NASDAQ:DPRO) shares last traded on Wall Street rose 4.29% to $0.94.
Based on available information, 1 analysts follow Draganfly Inc. (NASDAQ:DPRO). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $1.50 and a low of $1.50, we find $1.50. Given the previous closing price of $0.90, this indicates a potential upside of 66.67 percent. DPRO stock price is now 12.87% away from the 50-day moving average and -4.89% away from the 200-day moving average. The market capitalization of the company currently stands at $40.60M.
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Among analysts, 0 rate the stock a hold while 1 rate it a buy. Brokers who have rated the stock have averaged $1.50 as their price target over the next twelve months.
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A total of 2.04% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in DPRO stock. A new stake in Draganfly Inc. shares was purchased by CITADEL ADVISORS LLC during the first quarter worth $69,000. JANE STREET GROUP, LLC invested $18,000 in shares of DPRO during the first quarter. In the first quarter, MAYFLOWER FINANCIAL ADVISORS, LLC acquired a new stake in Draganfly Inc. valued at approximately $11,000. In total, there are 31 active investors with 2.83% ownership of the company’s stock.
A candlestick chart of Draganfly Inc. (NASDAQ: DPRO) showed a price of $0.9286 on Friday morning. During the past 12 months, Draganfly Inc. has had a low of $0.50 and a high of $3.84. As of last week, the company has a debt-to-equity ratio of 0.02, a current ratio of 9.60, and a quick ratio of 8.00. The fifty day moving average price for DPRO is $0.8379 and a two-hundred day moving average price translates $0.9816 for the stock.
The latest earnings results from Draganfly Inc. (NASDAQ: DPRO) was released for Jun, 2022. The net profit margin was 23.10% and return on equity was 6.00% for DPRO. The company reported revenue of $1.44 million for the quarter, compared to $1.61 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -10.9 percent.
Draganfly Inc.(DPRO) Company Profile
Draganfly Inc. manufactures and sells commercial unmanned aerial vehicles worldwide. Its products include quadcopters, fixed wing aircrafts, ground based robots, and handheld controllers, as well as software used for tracking, live streaming, flight training, and data collection. The company also offers custom engineering and training, simulation consulting, and flight training services, as well as wireless video systems. It serves public safety, agriculture, industrial inspections, security, and mapping and surveying markets. The company was founded in 1998 and is headquartered in Saskatoon, Canada.
