The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
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
After finishing at $0.26 in the prior trading day, Draganfly Inc (NASDAQ: DPRO) closed at $0.23, down -9.02%. In other words, the price has decreased by -$9.02 from its previous closing price. On the day, 0.97 million shares were traded. DPRO stock price reached its highest trading level at $0.2582 during the session, while it also had its lowest trading level at $0.2191.
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 0.86 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.23.
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 16983646 and an Enterprise Value of 10860123. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.24 while its Price-to-Book (P/B) ratio in mrq is 12.00. Its current Enterprise Value per Revenue stands at 1.729 whereas that against EBITDA is -0.599.
Stock Price History:
Over the past 52 weeks, DPRO has reached a high of $1.48, while it has fallen to a 52-week low of $0.13. The 50-Day Moving Average of the stock is -7.77%, while the 200-Day Moving Average is calculated to be -48.92%.
Shares Statistics:
The stock has traded on average 1.12M shares per day over the past 3-months and 465800 shares per day over the last 10 days, according to various share statistics. A total of 64.40M shares are outstanding, with a floating share count of 63.27M. Insiders hold about 1.77% of the company’s shares, while institutions hold 9.71% stake in the company. Shares short for DPRO as of 1715731200 were 2196453 with a Short Ratio of 1.97, compared to 1713139200 on 2676436. Therefore, it implies a Short% of Shares Outstanding of 2196453 and a Short% of Float of 3.1300000000000003.
