Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Draganfly Inc (NASDAQ: DPRO) was $0.26 for the day, up 1.12% from the previous closing price of $0.26. In other words, the price has increased by $1.12 from its previous closing price. On the day, 2.02 million shares were traded. DPRO stock price reached its highest trading level at $0.276 during the session, while it also had its lowest trading level at $0.25.
Ratios:
Our analysis of DPRO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 1.94 whereas as Long-Term Debt/Eq ratio is at 1.03.
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 16838390 and an Enterprise Value of 10313046. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.46 while its Price-to-Book (P/B) ratio in mrq is 41.70. Its current Enterprise Value per Revenue stands at 1.573 whereas that against EBITDA is -0.466.
Stock Price History:
The Beta on a monthly basis for DPRO is 1.27, which has changed by -0.7227513 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. 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 18.46%, while the 200-Day Moving Average is calculated to be -53.75%.
Shares Statistics:
DPRO traded an average of 1.31M shares per day over the past three months and 1025340 shares per day over the past ten days. A total of 64.29M shares are outstanding, with a floating share count of 62.70M. Insiders hold about 2.47% of the company’s shares, while institutions hold 7.97% stake in the company. Shares short for DPRO as of 1713139200 were 2676436 with a Short Ratio of 2.04, compared to 1710460800 on 371891. Therefore, it implies a Short% of Shares Outstanding of 2676436 and a Short% of Float of 4.24.
