Draganfly Inc (NASDAQ: DPRO) is -66.80% lower on its value in year-to-date trading and has touched a low of $1.55 and a high of $15.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DPRO stock was last observed hovering at around $4.19 in the last trading session, with the day’s loss setting it -0.21%.
Currently trading at $3.98, the stock is 51.22% and 42.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.9 million and changing -5.01% at the moment leaves the stock -10.67% off its SMA200. DPRO registered -69.96% loss for a year compared to 6-month loss of -40.99%. The firm has a 50-day simple moving average (SMA 50) of $2.7463 and a 200-day simple moving average (SMA200) of $4.49345.
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The stock witnessed a 67.93% gain in the last 1 month and extending the period to 3 months gives it a 57.62%, and is 58.57% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 37.20% over the week and 19.04% over the month.
Draganfly Inc (DPRO) has around 54 employees, a market worth around $15.24M and $4.31M in sales. Profit margin for the company is -227.21%. Distance from 52-week low is 156.77% and -73.47% from its 52-week high. The company has generated returns on investments over the last 12 months (-282.82%).
The EPS is expected to grow by 73.25% this year.
Draganfly Inc (DPRO) Top Institutional Holders
20.0 institutions hold shares in Draganfly Inc (DPRO), with institutional investors hold 1.84% of the company’s shares. The shares outstanding are 3.83M, and float is at 3.77M with Short Float at 3.88%. Institutions hold 1.81% of the Float.
The top institutional shareholder in the company is ARMISTICE CAPITAL, LLC with over 6.47 million shares valued at $1.51 million. The investor’s holdings represent 11.7833% of the DPRO Shares outstanding. As of 2024-06-30, the second largest holder is ALLIANCE WEALTH ADVISORS, LLC with 0.1 million shares valued at $24102.0 to account for 0.1875 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 70196.0 shares representing 0.1278% and valued at over $16426.0, while THOROUGHBRED FINANCIAL SERVICES, LLC holds 0.1092 of the shares totaling 60000.0 with a market value of $14000.0.
Draganfly Inc (DPRO) Insider Activity
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