Draganfly (NASDAQ:DPRO – Get Free Report) will likely be announcing its earnings results 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 Up 8.7 %
DPRO opened at $3.24 on Tuesday. Draganfly has a 12 month low of $1.55 and a 12 month high of $9.13. The company has a current ratio of 1.94, a quick ratio of 1.54 and a debt-to-equity ratio of 0.07. The business’s 50-day moving average price is $2.96 and its 200-day moving average price is $3.09. The company has a market cap of $6.39 million, a P/E ratio of -0.80 and a beta of 2.57.
Analysts Set New Price Targets
Separately, HC Wainwright lifted their price target on Draganfly from $5.00 to $7.00 and gave the stock a “buy” rating in a research note on Monday, December 23rd.
Draganfly Company Profile
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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