Draganfly (DPRO) to Release Quarterly Earnings on Wednesday

Draganfly (NASDAQ:DPRO) is expected to post its quarterly earnings results before the market opens on Wednesday, March 26th. Analysts expect Draganfly to post earnings of ($0.65) per share and revenue of $2.42 million for the quarter.

Draganfly Stock Performance

NASDAQ DPRO opened at $3.24 on Tuesday. The company has a market capitalization of $6.39 million, a P/E ratio of -0.80 and a beta of 2.57. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.54 and a current ratio of 1.94. Draganfly has a 52-week low of $1.55 and a 52-week high of $9.13. The company has a fifty day moving average of $2.96 and a 200-day moving average of $3.09.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright upped their price objective on Draganfly from $5.00 to $7.00 and gave the stock a “buy” rating in a report on Monday, December 23rd.

About Draganfly

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.