Draganfly Inc (NASDAQ: DPRO): Think Like A Lender, Not An Investor

Draganfly Inc (NASDAQ:DPRO) currently has a daily average trading volume of 4.47M but it saw 2489600 shares traded in last market. With a market cap of 9.18M USD, the company’s current market price of $0.13 came falling about -3.45 while comparing to the previous closing price of $0.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.04 and as low as $0.10. In the recent trading on the day, stock has struck highest price mark of $0.1217 while lowest mark touched by it was $0.136.

Taking a look at 20-day trading activity of Draganfly Inc (DPRO) gives us an average price of $0.1516, while its current price level is -87.62% below from 52-week high level whereas it is 34.24% 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 $0.1910 while that of 200 days or SMA-200 reads an average of $0.3096. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.64% during that period while stretching the period over a month that increases to 19.66%. 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 38.88 which implies that the stock is in neutral territory.

Over the week, DPRO’s stock price is moving 1.02% up while it is -31.67% when we observe its performance for the past one month. Year-to-date it is -73.14% down and over the past year, the stock is showing a downside performance of -83.59%.

Currently, Draganfly Inc’s total number of outstanding shares is 71.30M. Company’s return on equity (ROE) at -583.64%. Stock’s beta reads 1.22. Stock has a price to sale or P/S ratio amounts to 2.03. Its return on asset (ROA) is -163.06% on average.