Drone Delivery Canada Stock Today

FLT Stock  CAD 0.14  0.01  7.69%   

Performance

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Odds Of Distress

Over 84

 
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Drone Delivery is selling for under 0.14 as of the 30th of November 2024; that is 7.69% increase since the beginning of the trading day. The stock's lowest day price was 0.13. Drone Delivery has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Drone Delivery has reported 1 for 1 split on 5th of September 2024. Equity ratings for Drone Delivery Canada are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of October 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
Category
Industrials
Classification
Information Technology
Drone Delivery Canada Corp. designs, develops, and implements commercial drone-based logistics systems in Canada and internationally. The company was incorporated in 2011 and is based in Vaughan, Canada. DRONE DELIVERY is traded on Commodity Exchange in Exotistan. The company has 468.74 M outstanding shares of which 2.27 M shares are currently shorted by private and institutional investors with about 0.46 days to cover all short positions. More on Drone Delivery Canada

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Drone Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Drone Delivery's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Drone Delivery or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentSteve Magirias
Business ConcentrationTechnology Hardware, Storage & Peripherals, Technology Hardware & Equipment, Information Technology, Information Technology, Technology Hardware, Storage & Peripherals, Computer Hardware, Technology, Cloud Computing (View all Sectors)
Drone Delivery's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Drone Delivery's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Drone Delivery can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Drone Delivery's financial leverage. It provides some insight into what part of Drone Delivery's total assets is financed by creditors.
Liquidity
Drone Delivery cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Drone Delivery Canada has accumulated 9.34 M in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. Drone Delivery Canada has a current ratio of 30.36, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Drone Delivery until it has trouble settling it off, either with new capital or with free cash flow. So, Drone Delivery's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Drone Delivery Canada sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Drone to invest in growth at high rates of return. When we think about Drone Delivery's use of debt, we should always consider it together with cash and equity.

Net Income

(9.94 Million)
Drone Delivery Canada (FLT) is traded on TSX Venture Exchange in Canada and employs 21 people. Drone Delivery is listed under Technology Hardware, Storage & Peripherals category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 67.97 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Drone Delivery's market, we take the total number of its shares issued and multiply it by Drone Delivery's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Drone Delivery Canada classifies itself under Technology Hardware, Storage & Peripherals sector and is part of Information Technology industry. The entity has 468.74 M outstanding shares of which 2.27 M shares are currently shorted by private and institutional investors with about 0.46 days to cover all short positions. Drone Delivery Canada has accumulated about 35.19 M in cash with (1.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.16, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Drone Delivery Probability Of Bankruptcy
Ownership Allocation
Drone Delivery holds a total of 468.74 Million outstanding shares. Drone Delivery Canada retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Drone Ownership Details

Drone Delivery Canada Risk Profiles

Although Drone Delivery's alpha and beta are two of the key measurements used to evaluate Drone Delivery's performance over the market, the standard measures of volatility play an important role as well.

Drone Stock Against Markets

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Drone Delivery Corporate Directors

James WilliamsDirector of Regulatory Affairs, USAProfile
Michael FortunaDirectorProfile
Chris IrwinDirectorProfile
Robert MontemaranoIndependent DirectorProfile

Additional Tools for Drone Stock Analysis

When running Drone Delivery's price analysis, check to measure Drone Delivery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Drone Delivery is operating at the current time. Most of Drone Delivery's value examination focuses on studying past and present price action to predict the probability of Drone Delivery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Drone Delivery's price. Additionally, you may evaluate how the addition of Drone Delivery to your portfolios can decrease your overall portfolio volatility.