In recent trading session, Draganfly Inc. (NASDAQ:DPRO) saw 0.36 million shares changing hands at last check today with its beta currently measuring 0. Company’s recent per share price level of $1.00 trading at -$0.04 or -3.86% at last check today assigns it a market valuation of $38.88M. That most recent trading price of DPRO’s stock is at a discount of -284.0% from its 52-week high price of $3.84 and is indicating a premium of 50.0% from its 52-week low price of $0.50. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.56 million shares which gives us an average trading volume of 352.26K if we extend that period to 3-months.
For Draganfly Inc. (DPRO), analysts’ consensus is at an average recommendation of a Buy. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Draganfly Inc. (NASDAQ:DPRO) trade information
Upright in the red during last session for losing -3.86%, in the last five days DPRO remained trading in the green while hitting it’s week-highest on Wednesday, 11/23/22 when the stock touched $1.00 price level, adding 18.03% to its value on the day. Draganfly Inc.’s shares saw a change of -36.20% in year-to-date performance and have moved 78.11% in past 5-day. Draganfly Inc. (NASDAQ:DPRO) showed a performance of 37.89% in past 30-days. Number of shares sold short was 0.36 million shares which calculate 2.97 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $1.50 to the stock, which implies a rise of 33.33% to its recent value today. Analysts have been projecting $1.50 as a low price target for the stock while placing it at a high target of $1.50. It follows that stock’s current price would drop -50.0% in reaching the projected high whereas dropping to the targeted low would mean a loss of -50.0% for stock’s current value.
Draganfly Inc. (DPRO) estimates and forecasts
Statistics highlight that Draganfly Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -2.80% of value to its shares in past 6 months, showing an annual growth rate of 33.96% while that of industry is 10.50. Apart from that, the company came raising its revenue forecast for fiscal year 2022.
Draganfly Inc. is more likely to be releasing its next quarterly report between November 07 and November 11 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Draganfly Inc. (NASDAQ:DPRO)’s Major holders
Insiders are in possession of 2.02% of company’s total shares while institution are holding 2.52 percent of that, with stock having share float percentage of 2.57%. Investors also watch the number of corporate investors in a company very closely, which is 2.52% institutions for Draganfly Inc. that are currently holding shares of the company. ACT Capital Management, LLC is the top institutional holder at DPRO for having 0.14 million shares of worth $0.12 million. And as of Jun 29, 2022, it was holding 0.41% of the company’s outstanding shares.
The second largest institutional holder is Susquehanna International Group, LLP, which was holding about 68194.0 shares on Jun 29, 2022. The number of shares represents firm’s hold over 0.21% of outstanding shares, having a total worth of $61701.0.
On the other hand, Mutual Fund Ser Tr-AlphaCentric Robotics & Automation Fund and Fidelity NASDAQ Composite Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2022, the former fund manager was holding 0.25 million shares of worth $0.23 million or 0.75% of the total outstanding shares. The later fund manager was in possession of 18003.0 shares on Jun 29, 2022, making its stake of worth around $16289.0 in the company or a holder of 0.05% of company’s stock.