tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

DroneShield Limited Addresses Share Price Movement Amid Strong Growth

Story Highlights
DroneShield Limited Addresses Share Price Movement Amid Strong Growth

Meet Your ETF AI Analyst

DroneShield Limited ( (AU:DRO) ) just unveiled an update.

DroneShield Limited has acknowledged a recent share price movement following the lodgement of change of directors’ interest notices, which are unrelated to the company’s strong growth trajectory. The company reported record quarterly revenue growth and positive operating cash flow, with directors retaining stakes through vested options, demonstrating their commitment to the company’s success.

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 provides Artificial Intelligence-based platforms for protection against advanced threats such as drones and autonomous systems. The company offers bespoke counterdrone and electronic warfare solutions for military, intelligence, government, law enforcement, critical infrastructure, and airports.

Average Trading Volume: 18,020,980

Technical Sentiment Signal: Buy

Current Market Cap: A$2.95B

Find detailed analytics on DRO stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1