Draganfly Inc (DPRO): Investing In A Time Of Crisis

Draganfly Inc (NASDAQ:DPRO) currently has a daily average trading volume of 872.83K but it saw 872760 shares traded in last market. With a market cap of 12.91M USD, the company’s current market price of $0.18 came falling about -3.98 while comparing to the previous closing price of $0.19. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.11 and as low as $0.13.

Taking a look at 20-day trading activity of Draganfly Inc (DPRO) gives us an average price of $0.2156, while its current price level is -83.69% below from 52-week high level whereas it is 38.91% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.2399 while that of 200 days or SMA-200 reads an average of $0.3625. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.11% during that period while stretching the period over a month that decreases to 9.75%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 32.44 which implies that the stock is in neutral territory.

Over the week, DPRO’s stock price is moving -21.13% down while it is -21.61% when we observe its performance for the past one month. Year-to-date it is -62.25% down and over the past year, the stock is showing a downside performance of -83.55%.

Currently, Draganfly Inc’s total number of outstanding shares is 71.30M. Company’s return on investment (ROI) stands at -893.41% and return on equity (ROE) at -212.84%. Stock’s beta reads 1.21. Stock has a price to book (P/B) ratio of 9.25 while price to sale or P/S ratio amounts to 2.76. Its return on asset (ROA) is -129.44% on average.