In the last trading session, 2.18 million Draganfly Inc (NASDAQ:DPRO) shares changed hands as the company’s beta touched 1.37. With the company’s per share price at $2.98 changed hands at $0.08 or 2.76% during last session, the market valuation stood at $16.18M. DPRO’s last price was a discount, traded about -104.36% off its 52-week high of $6.09. The share price had its 52-week low at $1.55, which suggests the last value was 47.99% up since then. When we look at Draganfly Inc’s average trading volume, we note the 10-day average is 2.4 million shares, with the 3-month average coming to 863.30K.
Analysts gave the Draganfly Inc (DPRO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended DPRO as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
Draganfly Inc (NASDAQ:DPRO) trade information
Instantly DPRO was in green as seen at the end of in last trading. With action 0.34%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -47.16%, with the 5-day performance at 0.34% in the green. However, in the 30-day time frame, Draganfly Inc (NASDAQ:DPRO) is 61.96% up. Looking at the short shares, we see there were 0.93 million shares sold at short interest cover period of 0.74 days.
The consensus price target for the stock as assigned by Wall Street analysts is 7, meaning bulls need an upside of 57.43% from its current market value. According to analyst projections, DPRO’s forecast low is 7 with 7 as the target high. To hit the forecast high, the stock’s price needs a -134.9% plunge from its current level, while the stock would need to soar -134.9% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 26.61%. The 2025 estimates are for Draganfly Inc earnings to increase by 63.08%.
DPRO Dividends
Draganfly Inc is expected to release its next quarterly earnings report in July.
Draganfly Inc (NASDAQ:DPRO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.28% of Draganfly Inc shares while 10.60% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 10.63%. There are 10.60% institutions holding the Draganfly Inc stock share, with ARMISTICE CAPITAL, LLC the top institutional holder. As of 2024-06-30, the company held 11.7833% of the shares, roughly 6.47 million DPRO shares worth $1.51 million.
ALLIANCE WEALTH ADVISORS, LLC holds the second largest percentage of outstanding shares, with 0.1875% or 0.1 million shares worth $24102.0 as of 2024-06-30.
