DRO
DRONE FPO [DRO]
Industrials · ASX Small Cap
$2.1600 +0.9%
Updated 21 Jul 2026 · Signals refresh every scan
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Active Signals
Bullish Signals
- RSI drifting toward oversold territory — worth watching
- Stochastic is deep in oversold territory — bounce conditions forming
- Sitting near support — this level has held before and could attract buyers again
- Drifting lower — down 5.7% over the last 5 days
- Cash positive / operating cashflow positive
- Moderate P/S ratio (9.1x)
- Strong revenue growth (+317%)
- Piotroski F-Score strong (7/9, low-confidence approx)
- Near 52-week low (10% of range)
- Director on-market buying (1 transactions)
- Very high short interest (13.0%)
- Earnings in sharp decline (-60% QoQ)
- CANSLIM A: Turned profitable
- CANSLIM I: Institutional ownership (40%)
- Sentiment is mixed — no strong consensus either way
- Revenue growing at +317% — the top line is moving in the right direction
- Days to cover very high (15.3)
- Beneish M-Score -0.28 > -1.78: likely earnings manipulation
- RBA hiking (-3pts)
Risk Signals
- Trading below both moving averages — the trend is working against this one
- Below the 200-day average — the long-term trend is still working against it
- Post-earnings drift: negative surprise (SUE -10)
- Not enough chatter to gauge sentiment — defaulting to neutral
- Long-term momentum is negative — down 33% over the past year
- The bigger volume days are the down days — volume-weighted momentum is negative (-1.25%/day)
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Recent Catalysts
NONE Change in substantial holding
NONE Notification of cessation of securities - DRO
NONE Initial Director's Interest Notice - L Goddard
Announcement tone +3pts
Recent ASX Announcements
| 2026-07-20 | Change in substantial holding |
| 2026-07-10 | Notification of cessation of securities - DRO |
| 2026-07-01 | Initial Director's Interest Notice - L Goddard |
| 2026-06-29 | Change of Director's Interest Notice - A Bean |
| 2026-06-29 | Notification regarding unquoted securities - DRO |
Key Metrics
$2.0B
Market Cap
7.8M
Avg Volume
0.9x
Vol Ratio
$1.62 — $6.71
52-Week Range
13.0%
Short Interest
N/A
Cash Runway
1.1%
ROE
1.6%
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | fail | EPS Growth: -60% |
| A | Annual Earnings | improving | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | neutral | Float: 92% |
| L | Leader vs Laggard | laggard | RS: -12 |
| I | Institutional Sponsorship | pass | Inst: 40% |
| M | Market Direction | neutral | Neutral |
Sector: Industrials
90 tickers in this sector
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