Draganfly Inc (DPRO)’s Day in Review: Closing at 11.74, Down by -11.13

Ulysses Smith

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

After finishing at $13.21 in the prior trading day, Draganfly Inc (NASDAQ: DPRO) closed at $11.74, down -11.13%. In other words, the price has decreased by -$11.13 from its previous closing price. On the day, 6.13 million shares were traded. DPRO stock price reached its highest trading level at $13.8398 during the session, while it also had its lowest trading level at $11.01.

Ratios:

Our goal is to gain a better understanding of DPRO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.80 and its Current Ratio is at 5.29. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DPRO now has a Market Capitalization of 335718688 and an Enterprise Value of 140634176. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.40 while its Price-to-Book (P/B) ratio in mrq is 9.73. Its current Enterprise Value per Revenue stands at 19.638 whereas that against EBITDA is -9.177.

Stock Price History:

The Beta on a monthly basis for DPRO is 1.64, which has changed by 3.4328861 over the last 52 weeks, in comparison to a change of 0.14201736 over the same period for the S&P500. Over the past 52 weeks, DPRO has reached a high of $14.40, while it has fallen to a 52-week low of $1.63. The 50-Day Moving Average of the stock is 81.24%, while the 200-Day Moving Average is calculated to be 199.82%.

Shares Statistics:

The stock has traded on average 5.78M shares per day over the past 3-months and 9321530 shares per day over the last 10 days, according to various share statistics. A total of 13.97M shares are outstanding, with a floating share count of 5.40M. Insiders hold about 0.57% of the company’s shares, while institutions hold 32.31% stake in the company. Shares short for DPRO as of 1759190400 were 2839572 with a Short Ratio of 0.49, compared to 1756425600 on 1879466. Therefore, it implies a Short% of Shares Outstanding of 2839572 and a Short% of Float of 15.21.

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