Draganfly (NASDAQ:DPRO – Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Wednesday, March 26th. Analysts expect the company to announce earnings of ($0.65) per share and revenue of $2.42 million for the quarter.
Draganfly Stock Down 4.8 %
Shares of NASDAQ DPRO opened at $2.98 on Monday. The stock has a market capitalization of $5.88 million, a P/E ratio of -0.74 and a beta of 2.57. Draganfly has a one year low of $1.55 and a one year high of $9.13. The firm’s 50 day simple moving average is $2.96 and its two-hundred day simple moving average is $3.08. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.94 and a quick ratio of 1.54.
Wall Street Analyst Weigh In
Separately, HC Wainwright upped their price objective on shares of Draganfly from $5.00 to $7.00 and gave the company a “buy” rating in a research note on Monday, December 23rd.
About Draganfly
Draganfly Inc develops, manufactures, and sells cutting-edge unmanned and remote data collection and analysis platforms and systems in the United States and Canada. The company offers quad-?copters, ???fixed wing ?aircrafts, ground based robots, handheld controllers, and flight training, as well as software ?used for tracking, live ???streaming, ?and data collection.
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