The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Draganfly Inc’s current trading price is -83.92% away from its 52-week high, while its distance from the 52-week low is 82.66%. The stock’s price range for this period has been between $0.13 and $1.48 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 3.55 million for the day, a number notably higher than the average daily volume of 1.05 million over the last three months.
In terms of market performance, Draganfly Inc had a fairly uneven. The highest value for the stock in the past year was $1.48 on 06/21/23, and the lowest value was recorded at $0.13 on 02/23/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Draganfly Inc (DPRO) has experienced a quarterly decline of -47.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.30M and boasts a workforce of 54 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.3915, with a change in price of -0.4388. Similarly, Draganfly Inc recorded 788,225 in trading volume during the last 100 days, posting a change of -64.83%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for DPRO stands at 1.94. Similarly, the long-term debt-to-equity ratio is also 1.03.
DPRO Stock Stochastic Average
As of today, Draganfly Inc’s raw stochastic average for the last 50 days stands at 31.69%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 86.56%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 80.60% and 70.86%, respectively.
DPRO Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant loss of -50.36% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -69.45%. Over the past 30 days, the price of DPRO has fallen by 14.70%. And in the last five days, it has surged by 36.00%.
