Draganfly (NASDAQ:DPRO) Trading Up 0.4% – Here’s What Happened

Posted by Defense World Staff on Apr 29th, 2025

Shares of Draganfly Inc. (NASDAQ:DPRO – Get Free Report) were up 0.4% on Monday . The company traded as high as $2.88 and last traded at $2.82. Approximately 27,837 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 196,475 shares. The stock had previously closed at $2.81.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright restated a “buy” rating and issued a $7.00 target price on shares of Draganfly in a report on Thursday, April 3rd.

Read Our Latest Stock Analysis on Draganfly

Draganfly Stock Up 0.4 %

The stock has a fifty day moving average of $2.56 and a 200 day moving average of $3.07. The firm has a market capitalization of $5.56 million, a P/E ratio of -0.70 and a beta of 2.35. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.94 and a quick ratio of 1.54.

Draganfly (NASDAQ:DPRO – Get Free Report) last issued its quarterly earnings results on Wednesday, March 26th. The company reported ($0.79) EPS for the quarter, missing analysts’ consensus estimates of ($0.65) by ($0.14). The business had revenue of $1.15 million for the quarter, compared to the consensus estimate of $2.42 million. Draganfly had a negative return on equity of 1,487.09% and a negative net margin of 227.25%. On average, research analysts anticipate that Draganfly Inc. will post -3.56 EPS for the current fiscal year.

Institutional Trading of Draganfly

Large investors have recently bought and sold shares of the company. Virtu Financial LLC purchased a new stake in Draganfly in the fourth quarter worth $51,000. Integrated Advisors Network LLC increased its position in Draganfly by 46.3% in the fourth quarter. Integrated Advisors Network LLC now owns 30,000 shares of the company’s stock worth $120,000 after buying an additional 9,500 shares during the last quarter. Finally, Kieckhefer Group LLC purchased a new stake in Draganfly in the fourth quarter worth $467,000. 10.39% of the stock is owned by hedge funds and other institutional investors.

Draganfly Company Profile

(Get Free Report)

Draganfly Inc develops, manufactures, and sells cutting-edge unmanned and remote data collection and analysis platforms and systems in the United States and Canada. The company offers quad-?copters, ???fixed wing ?aircrafts, ground based robots, handheld controllers, and flight training, as well as software ?used for tracking, live ???streaming, ?and data collection.