With 0.93 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.24 million shares. The 52-week range on DPRO shows that it touched its highest point at $6.75 and its lowest point at $1.55 during that stretch. It currently has a 1-year price target of $6.00. Beta for the stock currently stands at 1.26.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DPRO was up-trending over the past week, with a rise of 67.80%, but this was up by 65.00% over a month. Three-month performance surged to 23.75% while six-month performance fell -15.86%. The stock lost -55.70% in the past year, while it has lost -25.94% so far this year. A look at the trailing 12-month EPS for DPRO yields -3.11 with Next year EPS estimates of -0.50. For the next quarter, that number is -0.38. This implies an EPS growth rate of 55.37% for this year and 63.45% for next year.
Float and Shares Shorts:
At present, 5.43 million DPRO shares are outstanding with a float of 5.38 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DPRO since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$3.18034 being high and -$4.57446 being low. For DPRO, this leads to a yearly average estimate of -$3.8774. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
