Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Draganfly Inc (NASDAQ: DPRO) closed at $3.47 in the last session, up 1.17% from day before closing price of $3.43. In other words, the price has increased by $1.17 from its previous closing price. On the day, 0.96 million shares were traded. DPRO stock price reached its highest trading level at $3.65 during the session, while it also had its lowest trading level at $3.36.
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 0.75 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.16.
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 44308084 and an Enterprise Value of 14717555. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.86 while its Price-to-Book (P/B) ratio in mrq is 18.38. Its current Enterprise Value per Revenue stands at 2.171 whereas that against EBITDA is -1.017.
Stock Price History:
The Beta on a monthly basis for DPRO is 1.52, which has changed by -0.35140187 over the last 52 weeks, in comparison to a change of 0.10500872 over the same period for the S&P500. Over the past 52 weeks, DPRO has reached a high of $6.09, while it has fallen to a 52-week low of $1.55. The 50-Day Moving Average of the stock is 44.76%, while the 200-Day Moving Average is calculated to be 20.66%.
Shares Statistics:
According to the various share statistics, DPRO traded on average about 1.00M shares per day over the past 3-months and 1270110 shares per day over the past 10 days. A total of 5.43M shares are outstanding, with a floating share count of 5.38M. Insiders hold about 1.07% of the company’s shares, while institutions hold 7.78% stake in the company. Shares short for DPRO as of 1749772800 were 931715 with a Short Ratio of 0.93, compared to 1747267200 on 364066. Therefore, it implies a Short% of Shares Outstanding of 931715 and a Short% of Float of 7.33.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
