At the time of writing, Draganfly Inc [DPRO] stock is trading at $4.48, down -2.18%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DPRO shares have gain 2.50% over the last week, with a monthly amount glided 79.68%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
For the past year, the stock price of Draganfly Inc fluctuated between $1.55 and $12.50. Currently, Wall Street analysts expect the stock to reach $7 within the next 12 months. Draganfly Inc [NASDAQ: DPRO] shares were valued at $4.48 at the most recent close of the market. An investor can expect a potential return of 56.25% based on the average DPRO price forecast.
Analyzing the DPRO fundamentals
According to Draganfly Inc [NASDAQ:DPRO], the company’s sales were 4.31M for trailing twelve months, which represents an -13.29% plunge. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at -2.35%, Pretax Profit Margin comes in at -2.28%, and Net Profit Margin reading is -2.28%. To continue investigating profitability, this company’s Return on Assets is posted at -1.56, Equity is -13.95 and Total Capital is -2.91.
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 4.34 points at the first support level, and at 4.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.63, and for the 2nd resistance point, it is at 4.78.
Ratios To Look Out For
It is important to note that Draganfly Inc [NASDAQ:DPRO] has a current ratio of 1.94. Also, the Quick Ratio is 1.54, while the Cash Ratio stands at 1.06. Considering the valuation of this stock, the price to sales ratio is 5.68, the price to book ratio is 5.34.
