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DroneShield Limited ( (AU:DRO) ) has issued an announcement.
DroneShield Limited has addressed inquiries from the ASX regarding recent trading activities in its securities, confirming that there is no undisclosed information that could explain the trading. The company attributes the trading activity to the disposal of shares by certain directors, as disclosed in a recent Appendix 3Ys filing. DroneShield asserts its compliance with ASX Listing Rules and confirms that its responses have been authorized by its board in line with its continuous disclosure policy.
The most recent analyst rating on (AU:DRO) stock is a Hold with a A$3.50 price target. To see the full list of analyst forecasts on DroneShield Limited stock, see the AU:DRO Stock Forecast page.
More about DroneShield Limited
DroneShield Limited operates in the defense and security industry, specializing in the development and production of advanced drone detection and mitigation technologies. The company focuses on providing solutions to counter unmanned aerial threats, catering to military, government, and commercial markets globally.
Average Trading Volume: 18,020,980
Technical Sentiment Signal: Buy
Current Market Cap: A$2.95B
For a thorough assessment of DRO stock, go to TipRanks’ Stock Analysis page.