The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of Draganfly Inc (NASDAQ: DPRO) closed at $4.56 in the last session, up 4.59% from day before closing price of $4.36. In other words, the price has increased by $4.59 from its previous closing price. On the day, 0.88 million shares were traded. DPRO stock price reached its highest trading level at $4.5665 during the session, while it also had its lowest trading level at $4.28.
Ratios:
We take a closer look at DPRO’s different ratios to gain a better understanding of the stock. 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 85290240 and an Enterprise Value of 40344088. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.82 while its Price-to-Book (P/B) ratio in mrq is 3.78. Its current Enterprise Value per Revenue stands at 5.634 whereas that against EBITDA is -2.633.
Stock Price History:
The Beta on a monthly basis for DPRO is 1.67, which has changed by 1.590909 over the last 52 weeks, in comparison to a change of 0.18189907 over the same period for the S&P500. Over the past 52 weeks, DPRO has reached a high of $7.30, while it has fallen to a 52-week low of $1.55. The 50-Day Moving Average of the stock is -0.72%, while the 200-Day Moving Average is calculated to be 37.06%.
Shares Statistics:
According to the various share statistics, DPRO traded on average about 3.77M shares per day over the past 3-months and 1518690 shares per day over the past 10 days. A total of 13.97M shares are outstanding, with a floating share count of 5.41M. Insiders hold about 0.36% of the company’s shares, while institutions hold 31.33% stake in the company. Shares short for DPRO as of 1755216000 were 1657992 with a Short Ratio of 0.44, compared to 1752537600 on 1587005. Therefore, it implies a Short% of Shares Outstanding of 1657992 and a Short% of Float of 8.88.