Market Highlights: Draganfly Inc (DPRO) Ends on a High Note at 7.22

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The price of Draganfly Inc (NASDAQ: DPRO) closed at $7.22 in the last session, up 39.38% from day before closing price of $5.18. In other words, the price has increased by $39.38 from its previous closing price. On the day, 27.37 million shares were traded. DPRO stock price reached its highest trading level at $7.305 during the session, while it also had its lowest trading level at $5.73.

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 92046336 and an Enterprise Value of 14717555. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.03 while its Price-to-Book (P/B) ratio in mrq is 38.24. 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 -0.4025532 over the last 52 weeks, in comparison to a change of 0.10611236 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 172.05%, while the 200-Day Moving Average is calculated to be 144.56%.

Shares Statistics:

According to the various share statistics, DPRO traded on average about 1.76M shares per day over the past 3-months and 1447820 shares per day over the past 10 days. A total of 5.43M shares are outstanding, with a floating share count of 5.35M. Insiders hold about 1.46% of the company’s shares, while institutions hold 9.29% stake in the company. Shares short for DPRO as of 1749772800 were 931715 with a Short Ratio of 0.53, 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

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

Revenue Estimates

According to 2 analysts, the current quarter’s revenue is expected to be $2.24M. It ranges from a high estimate of $2.8M to a low estimate of $1.68M. As of the current estimate, Draganfly Inc’s year-ago sales were $1.73MFor the next quarter, 2 analysts are estimating revenue of $3.34M. There is a high estimate of $4.8M for the next quarter, whereas the lowest estimate is $1.87M.

A total of 2 analysts have provided revenue estimates for DPRO’s current fiscal year. The highest revenue estimate was $13.9M, while the lowest revenue estimate was $7.48M, resulting in an average revenue estimate of $10.69M. In the same quarter a year ago, actual revenue was $6.56MBased on 2 analysts’ estimates, the company’s revenue will be $21.5M in the next fiscal year. The high estimate is $27.2M and the low estimate is $15.79M.

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