Draganfly Inc (NASDAQ: DPRO) Emerges As Guiding Light For Investors

Draganfly Inc (NASDAQ:DPRO) currently has a daily average trading volume of 4.57M but it saw 2678042 shares traded in last market. With a market cap of 7.79M USD, the company’s current market price of $0.10 came falling about -8.34 while comparing to the previous closing price of $0.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $0.94 and as low as $0.10. In the recent trading on the day, stock has struck highest price mark of $0.1 while lowest mark touched by it was $0.1123.

Taking a look at 20-day trading activity of Draganfly Inc (DPRO) gives us an average price of $0.1385, while its current price level is -89.01% below from 52-week high level whereas it is 7.66% 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 $0.1811 while that of 200 days or SMA-200 reads an average of $0.2968. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.72% during that period while stretching the period over a month that increases to 18.78%. 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 33.99 which implies that the stock is in neutral territory.

Over the week, DPRO’s stock price is moving -19.80% down while it is -40.60% when we observe its performance for the past one month. Year-to-date it is -78.46% down and over the past year, the stock is showing a downside performance of -88.20%.

Currently, Draganfly Inc’s total number of outstanding shares is 75.40M with 1.37% of that held by the insiders while 7.93% of its common stock has been owned by the institutions. 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 1.72. Its return on asset (ROA) is -163.06% on average.