Draganfly Inc [NASDAQ: DPRO] price plunged by -2.88 percent to reach at -$0.01.
The one-year DPRO stock forecast points to a potential upside of 70.0. The average equity rating for DPRO stock is currently 1.00, trading closer to a bullish pattern in the stock market.
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Guru’s Opinion on Draganfly Inc [DPRO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DPRO shares is $1.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DPRO stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Draganfly Inc is set at 0.03, with the Price to Sales ratio for DPRO stock in the period of the last 12 months amounting to 4.14. The Price to Book ratio for the last quarter was 15.35, with the Price to Cash per share for the same quarter was set at 0.05.
DPRO Stock Performance Analysis:
Draganfly Inc [DPRO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 20.16. With this latest performance, DPRO shares gained by 26.01% in over the last four-week period, additionally sinking by -51.00% over the last 6 months – not to mention a drop of -66.31% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DPRO stock in for the last two-week period is set at 63.25, with the RSI for the last a single of trading hit 68.12, and the three-weeks RSI is set at 59.27 for Draganfly Inc [DPRO]. The present Moving Average for the last 50 days of trading for this stock 0.2226, while it was recorded at 0.2748 for the last single week of trading, and 0.5120 for the last 200 days.
Insight into Draganfly Inc Fundamentals:
Draganfly Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.86 and a Current Ratio set at 1.08.
Draganfly Inc [DPRO] Institutonal Ownership Details
The top three institutional holders of DPRO stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in DPRO stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in DPRO stock with ownership which is approximately 5.8386%.
