Draganfly (NASDAQ:DPRO – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported ($0.79) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.65) by ($0.14), Zacks reports. Draganfly had a negative net margin of 227.25% and a negative return on equity of 1,487.09%.
Draganfly Stock Performance
NASDAQ:DPRO opened at $3.05 on Friday. The company has a quick ratio of 1.54, a current ratio of 1.94 and a debt-to-equity ratio of 0.07. Draganfly has a fifty-two week low of $1.55 and a fifty-two week high of $9.13. The firm’s fifty day simple moving average is $2.93 and its 200-day simple moving average is $3.09. The stock has a market cap of $6.01 million, a PE ratio of -0.75 and a beta of 2.57.
Wall Street Analyst Weigh In
Separately, HC Wainwright boosted their price target on shares of Draganfly from $5.00 to $7.00 and gave the stock 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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