Draganfly Inc (NASDAQ:DPRO)’s traded shares stood at 0.75 million during the latest session, with the company’s beta value hitting 1.43. At the last check today, the stock’s price was $1.73, to imply a decrease of -40.00% or -$1.15 in intraday trading. The DPRO share’s 52-week high remains $9.12, putting it -427.17% down since that peak but still an impressive 10.4% since price per share fell to its 52-week low of $1.55. The company has a valuation of $9.37M, with an average of 45420.0 shares in intraday trading volume over the past 10 days and average of 91.27K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Draganfly Inc (DPRO), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give DPRO a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.
Draganfly Inc (NASDAQ:DPRO) trade information
After registering a -40.00% downside in the latest session, Draganfly Inc (DPRO) has traded red over the past five days. The 5-day price performance for the stock is -38.61%, and -23.67% over 30 days. With these gigs, the year-to-date price performance is -56.98%. Short interest in Draganfly Inc (NASDAQ:DPRO) saw shorts transact 0.24 million shares and set a 2.31 days time to cover.
The extremes give us $7 and $7 for target low and target high price respectively. As such, DPRO has been trading -304.62% off suggested target high and -304.62% from its likely low.
Draganfly Inc (DPRO) estimates and forecasts
The rating firms project that company’s revenue will grow 90.21% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 2.06M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 2.62M.Earnings reports from the last fiscal year show that sales brought in 1.33M and 1.73M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 55.01% before jumping 51.30% in the following quarter.
DPRO Dividends
Draganfly Inc has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Draganfly Inc (NASDAQ:DPRO)’s Major holders
Draganfly Inc insiders hold 0.65% of total outstanding shares, with institutional holders owning 11.55% of the shares at 11.62% float percentage. In total, 11.55% institutions holds shares in the company, led by ARMISTICE CAPITAL, LLC. As of 2024-06-30, the company held over 6.47 million shares (or 11.7833% of shares), all amounting to roughly $1.51 million.
The next major institution holding the largest number of shares is ALLIANCE WEALTH ADVISORS, LLC with 0.1 million shares, or about 0.1875% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $24102.0.
Going by data provided on Feb 28, 2025 , Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund holds roughly 720.0 shares. This is just over 0.02% of the total shares, with a market valuation of $1276.0
