Drone Delivery Canada (FLT) Stock Price, News & Analysis

Company Overview

Drone Delivery Canada Corp. designs, develops, and implements a commercial drone-based logistics platform in Canada and internationally. The company's logistics infrastructure solution is an integrated turnkey logistics platform, which include industrial-grade drones, automated DroneSpot depots, automated battery management systems, a detect and avoid radar system, and proprietary FLYTE software to integrate various components into a solution. It serves governments; commercial and industrial applications, such as emergency services, medical, last-mile delivery, mining, oil and gas, agriculture, parcel delivery, postal mail, and military/security; and indigenous and non-indigenous remote communities. The company was incorporated in 2011 and is headquartered in Vaughan, Canada.

Key Stats

• Today's Range: C$0.79 to C$0.89
• 50-Day Range: C$0.70 to C$0.88
• 52-Week Range: C$0.13 to C$0.97
• Volume: 4.49 million shs
• Average Volume: 2.12 million shs
• Market Capitalization: C$197.30 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$0.88
• Consensus Rating: Strong Buy

Drone Delivery Canada Stock Analysis - MarketRank™

Drone Delivery Canada scored higher than 10% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.8 / 5
• Analyst Rating: Strong Buy

Consensus Rating

Drone Delivery Canada has received a consensus rating of Strong Buy. The company's average rating score is 3.67, and is based on 2 strong buy ratings, 1 buy rating, no hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Drone Delivery Canada is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Drone Delivery Canada has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Drone Delivery Canada is -29.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Drone Delivery Canada is -29.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Drone Delivery Canada has a P/B Ratio of 7.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for FLT.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Drone Delivery Canada does not currently pay a dividend.

Dividend Growth

Drone Delivery Canada does not have a long track record of dividend growth.

News and Social Media

• Score: 1.3 / 5
• News Sentiment: N/A

Search Interest

4 people have searched for FLT on MarketBeat in the last 30 days.

MarketBeat Follows

1 people have added Drone Delivery Canada to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Drone Delivery Canada insiders have not sold or bought any company stock.

Percentage Held by Insiders

30.84% of the stock of Drone Delivery Canada is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

4.87% of the stock of Drone Delivery Canada is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Computer and Technology
• Industry: Computer Hardware
• Sub-Industry: N/A
• Current Symbol: CVE:FLT
• CIK: N/A
• Web: www.dronedeliverycanada.com
• Phone: 18008779019
• Fax: N/A
• Employees: 8,400
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Drone Delivery Canada: C$0.88
• High Price Target: C$0.90
• Low Price Target: C$0.85
• Potential Upside/Downside: -0.6%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 3.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.03)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -C$21.98 million
• Net Margins: -53.35%
• Pretax Margin: N/A
• Return on Equity: -42.43%
• Return on Assets: -19.73%

Debt

• Debt-to-Equity Ratio: 30.96
• Current Ratio: 3.80
• Quick Ratio: 9.02

Sales & Book Value

• Annual Sales: C$634.98 thousand
• Price / Sales: 310.71
• Cash Flow: C$0.25 per share
• Price / Cash Flow: 3.52
• Book Value: C$0.12 per share
• Price / Book: 7.07

Miscellaneous

• Outstanding Shares: 224,199,000
• Free Float: N/A
• Market Cap: C$197.30 million
• Optionable: Not Optionable
• Beta: 0.86