Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Draganfly Inc (NASDAQ: DPRO) was $3.30 for the day, down -3.51% from the previous closing price of $3.42. In other words, the price has decreased by -$3.51 from its previous closing price. On the day, 0.27 million shares were traded. DPRO stock price reached its highest trading level at $3.54 during the session, while it also had its lowest trading level at $3.2.
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 1.54 and its Current Ratio is at 1.94. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.07.
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 17911740 and an Enterprise Value of 2037473. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.16 while its Price-to-Book (P/B) ratio in mrq is 3.91. Its current Enterprise Value per Revenue stands at 0.333 whereas that against EBITDA is -0.132.
Stock Price History:
The Beta on a monthly basis for DPRO is 1.40, which has changed by -0.64893615 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, DPRO has reached a high of $11.76, while it has fallen to a 52-week low of $1.55. The 50-Day Moving Average of the stock is -6.60%, while the 200-Day Moving Average is calculated to be -23.60%.
Shares Statistics:
DPRO traded an average of 371.01K shares per day over the past three months and 264050 shares per day over the past ten days. A total of 5.43M shares are outstanding, with a floating share count of 5.36M. Insiders hold about 4.01% of the company’s shares, while institutions hold 4.61% stake in the company. Shares short for DPRO as of 1730332800 were 127541 with a Short Ratio of 0.34, compared to 1727654400 on 192652. Therefore, it implies a Short% of Shares Outstanding of 127541 and a Short% of Float of 3.7100002.
