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 -42.34% away from its 52-week high, while its distance from the 52-week low is 126.45%. The stock’s price range over this period has fluctuated between $1.55 and $6.09. The company, operating within the financial sector, had a trading volume of approximately 2.3 million for the day, which was noticeably higher than the average daily share volume of 1.11 million over the last 3 months.
The stock price for Draganfly Inc (DPRO) currently stands at $3.51. The stock experienced a substantial increase in the last session, hitting $7.16 after starting at $3.51. The stock’s lowest price was $3.51 before closing at $3.95.
The market performance of Draganfly Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $6.09 on 07/17/24, while the lowest value for the same duration was $1.55 on 09/10/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Draganfly Inc (DPRO) has experienced a quarterly rise of 48.10% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 19.06M and boasts a workforce of 54 employees.
Draganfly Inc: What Analysts Are Saying
As of right now, 0 analyst is rating Draganfly Inc as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.53, with a change in price of +0.43. Similarly, Draganfly Inc recorded 736,581 in trading volume during the last 100 days, posting a change of +13.96%.
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 0.26. Similarly, the long-term debt-to-equity ratio is also 0.16.
DPRO Stock Stochastic Average
Today, Draganfly Inc’s raw stochastic average for the past 50 days stands at 68.12%, indicating a rise from the raw stochastic average of the last 20 days, which was 59.07%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 79.26% and 77.43% respectively.
DPRO Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -34.42%. However, over the past six months, we’ve seen a weaker performance of 6.69%. The price of DPRO fallen by 41.53% over the last 30 days. And in the last five days, it has surged by 2.33%.
