Draganfly Stock Today

DPRO Stock  USD 2.31  0.13  5.33%   

Performance

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Odds Of Distress

Over 85

 
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Draganfly is selling at 2.31 as of the 22nd of November 2024; that is 5.33 percent decrease since the beginning of the trading day. The stock's open price was 2.44. Draganfly has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Draganfly are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
4th of December 2019
Category
Industrials
Draganfly Inc. manufactures and sells commercial unmanned aerial vehicles worldwide. The company was founded in 1998 and is headquartered in Saskatoon, Canada. Draganfly is traded on NASDAQ Exchange in the United States. The company has 3.83 M outstanding shares of which 127.54 K shares are currently shorted by private and institutional investors with about 1.46 trading days to cover. More on Draganfly

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Draganfly Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentCameron Chell
Thematic IdeaAircraft (View all Themes)
Business ConcentrationIndustrial Machinery & Supplies & Components, Aerospace & Defense, Industrials, Aircraft, Industrials, Machinery, Aerospace & Defense, Industrials (View all Sectors)
Average Analyst Recommendation
Draganfly can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Draganfly's financial leverage. It provides some insight into what part of Draganfly's total assets is financed by creditors.
Liquidity
Draganfly currently holds 875.08 K in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Draganfly has a current ratio of 9.4, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Draganfly's use of debt, we should always consider it together with its cash and equity.

Capital Expenditures

514,911
Draganfly (DPRO) is traded on NASDAQ Exchange in USA. It is located in 235 103rd St E., Saskatoon, SK, Canada, S7N 1Y8 and employs 5 people. Draganfly is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 8.84 M. Draganfly conducts business under Machinery sector and is part of Industrials industry. The entity has 3.83 M outstanding shares of which 127.54 K shares are currently shorted by private and institutional investors with about 1.46 trading days to cover. Draganfly currently holds about 12.45 M in cash with (18.77 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.37.
Check Draganfly Probability Of Bankruptcy
Ownership Allocation
Roughly 96.92 percent of Draganfly outstanding shares are held by general public with 1.27 (percent) owned by insiders and only 1.81 % by other corporate entities.
Check Draganfly Ownership Details

Draganfly Stock Institutional Holders

InstituionRecorded OnShares
Wells Fargo & Co2024-06-30
2.7 K
Advisor Group Holdings, Inc.2024-06-30
K
Mather Group, Inc.2024-06-30
K
Ubs Group Ag2024-06-30
1.5 K
Simplex Trading, Llc2024-06-30
1.3 K
Benjamin F. Edwards & Company, Llc2024-06-30
1000
Td Waterhouse Canada Inc2024-06-30
610
Ancora Advisors Llc2024-06-30
500
The Toronto-dominion Bank2024-06-30
374
Armistice Capital, Llc2024-06-30
6.5 M
Morgan Stanley - Brokerage Accounts2024-06-30
70.2 K
View Draganfly Diagnostics

Draganfly Historical Income Statement

At this time, Draganfly's Net Interest Income is very stable compared to the past year. As of the 22nd of November 2024, Research Development is likely to grow to about 1.6 M, while Interest Expense is likely to drop about 1.5 M. View More Fundamentals

Draganfly Stock Against Markets

Draganfly Corporate Management

When determining whether Draganfly offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Draganfly's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Draganfly Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Draganfly Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Draganfly. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
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Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Draganfly. If investors know Draganfly will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Draganfly listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.79)
Revenue Per Share
2.826
Quarterly Revenue Growth
(0.09)
Return On Assets
(0.86)
Return On Equity
(6.07)
The market value of Draganfly is measured differently than its book value, which is the value of Draganfly that is recorded on the company's balance sheet. Investors also form their own opinion of Draganfly's value that differs from its market value or its book value, called intrinsic value, which is Draganfly's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Draganfly's market value can be influenced by many factors that don't directly affect Draganfly's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Draganfly's value and its price as these two are different measures arrived at by different means. Investors typically determine if Draganfly is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Draganfly's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.