Draganfly Inc [DPRO] stock is trading at $0.25, up 5.31%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DPRO shares have gain 5.35% over the last week, with a monthly amount glided 4.60%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Draganfly Inc [DPRO] stock has fluctuated between $0.13 and $1.48 over the past year. Currently, Wall Street analysts expect the stock to reach $3.5 within the next 12 months. Draganfly Inc [NASDAQ: DPRO] shares were valued at $0.25 at the most recent close of the market. An investor can expect a potential return of 1300.0% based on the average DPRO price forecast.
Analyzing the DPRO fundamentals
Draganfly Inc [NASDAQ:DPRO] reported sales of 4.86M for the trailing twelve months, which represents a drop of -30.50%. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at -3.37%, Pretax Profit Margin comes in at -3.6%, and Net Profit Margin reading is -3.64%. To continue investigating profitability, this company’s Return on Assets is posted at -2.86, Equity is -3.32 and Total Capital is -23.7. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.95.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.2313 points at the first support level, and at 0.2127 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.2673, and for the 2nd resistance point, it is at 0.2847.
Ratios To Look Out For
For context, Draganfly Inc’s Current Ratio is 0.90. As well, the Quick Ratio is 0.69, while the Cash Ratio is 0.42. Considering the valuation of this stock, the price to sales ratio is 3.31, the price to book ratio is 39.81.
