DRO
DRONE FPO [DRO]
Industrials · ASX Small Cap
$1.6650 -2.9%
Updated 3 Sep 2026 · Signals refresh every scan
Appeared in 2 consecutive scansFirst seen: 2026-03-04
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Active Signals
Bullish Signals
- RSI drifting toward oversold territory — worth watching
- MACD momentum is losing steam
- Stochastic is deep in oversold territory — bounce conditions forming
- Drifting lower — down 4.9% over the last 5 days
- Lagging the Small Ords index — relative strength of 0.78, underperforming its peers
- Cash positive / operating cashflow positive
- Moderate P/S ratio (5.7x)
- Strong revenue growth (+73%)
- EPS estimates revised upward (+10pts)
- Near 52-week low (1% of range)
- Very high short interest (15.7%)
- CANSLIM A: Turned profitable
- CANSLIM I: Institutional ownership (39%)
- Sentiment is mixed — no strong consensus either way
- Revenue growing at +73% — the top line is moving in the right direction
- 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
- Broke below 20-day support — that's a level the market was defending, and it just gave way
- Below the 200-day average — the long-term trend is still working against it
- Negative profit margins (-11%)
- Not enough chatter to gauge sentiment — defaulting to neutral
- Long-term momentum is negative — down 32% over the past year
- The bigger volume days are the down days — volume-weighted momentum is negative (-1.23%/day)
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Recent Catalysts
NONE Change in substantial holding
NONE Application for quotation of securities - DRO
NONE Change in substantial holding
LOW 1H 2026 Investor Presentation
Announcement tone +3pts
Recent ASX Announcements
| 2026-09-01 | Change in substantial holding |
| 2026-08-27 | Application for quotation of securities - DRO |
| 2026-08-27 | Change in substantial holding |
| 2026-08-25 | 1H 2026 Investor Presentation PRICE SENSITIVE |
| 2026-08-25 | 1H 2026 Results - Sustained Growth and Investing for Scale PRICE SENSITIVE |
Key Metrics
$1.5B
Market Cap
15.4M
Avg Volume
0.9x
Vol Ratio
$1.62 — $6.71
52-Week Range
15.7%
Short Interest
N/A
Cash Runway
-9.9%
ROE
-11.4%
Profit Margin
CANSLIM Analysis
| Factor | Rating | Detail | |
|---|---|---|---|
| C | Current EPS | fail | EPS Growth: 0% |
| A | Annual Earnings | improving | CAGR: 0% |
| N | New Highs / Catalysts | neutral | |
| S | Supply & Demand | neutral | Float: 93% |
| L | Leader vs Laggard | laggard | RS: -22 |
| I | Institutional Sponsorship | pass | Inst: 39% |
| M | Market Direction | neutral | Neutral |
Sector: Industrials
97 tickers in this sector
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