Market Momentum: Draganfly Inc (DPRO) Registers a 0.41 Increase, Closing at 2.42

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Draganfly Inc (NASDAQ: DPRO) closed the day trading at $2.42 up 0.41% from the previous closing price of $2.41. In other words, the price has increased by $0.41 from its previous closing price. On the day, 1.8 million shares were traded.

Ratios:

For a better understanding of DPRO, let’s look at its different ratios. 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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 2.69 while its Price-to-Book (P/B) ratio in mrq is 12.82.

Stock Price History:

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 7.51%, while the 200-Day Moving Average is calculated to be -14.64%.

Shares Statistics:

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.

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

2 analysts predict $2.24M in revenue for the current quarter. 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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