Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Draganfly Inc’s current trading price is -82.22% away from its 52-week high, while its distance from the 52-week low is 102.00%. The stock’s price range over this period has fluctuated between $0.13 and $1.48. The company, operating within the financial sector, had a trading volume of approximately 1.78 million for the day, which was noticeably higher than the average daily share volume of 1.25 million over the last 3 months.
Draganfly Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $1.48 on 06/21/23 and a low of $0.13 for the same time frame on 02/23/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Draganfly Inc (DPRO) has experienced a quarterly decline of -30.02% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 16.92M 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 0.3412, with a change in price of -0.2990. Similarly, Draganfly Inc recorded 906,150 in trading volume during the last 100 days, posting a change of -53.49%.
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
Today’s raw stochastic average for Draganfly Inc over the last 50 days is 38.16%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 74.51%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 71.37% and 75.79%, respectively.
DPRO Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -45.11% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -63.24%. Over the past 30 days, the price of DPRO has fallen by 50.49%. And in the last five days, it has surged by 15.19%.
