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DroneShield Limited ( (AU:DRO) ) has issued an announcement.
DroneShield Limited, a company involved in the development of drone detection and mitigation technologies, has seen a significant change in its shareholder structure. FMR LLC has increased its voting power in the company from 7.61% to 9.59%, indicating a growing interest and investment in DroneShield’s operations, which could impact its market positioning and stakeholder dynamics.
The most recent analyst rating on (AU:DRO) stock is a Buy with a A$0.90 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
Average Trading Volume: 16,269,205
Technical Sentiment Signal: Buy
Current Market Cap: A$3.38B
For a thorough assessment of DRO stock, go to TipRanks’ Stock Analysis page.