Duke Robotics (NASDAQ:DUKR) Issues Earnings Results

Duke Robotics (NASDAQ:DUKR) released its quarterly earnings results on Thursday. The company reported ($0.26) EPS for the quarter, FiscalAI reports. The business had revenue of $0.15 million for the quarter.

Duke Robotics Stock Performance

DUKR stock traded down $0.26 on Thursday, hitting $5.31. 5,457 shares of the company’s stock were exchanged, compared to its average volume of 18,693. The stock’s 50 day simple moving average is $5.69. Duke Robotics has a 12-month low of $4.00 and a 12-month high of $14.20. The firm has a market capitalization of $18.11 million, a PE ratio of -21.24 and a beta of 2.20. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.30.

Analysts Set New Price Targets

DUKR has been the topic of a number of analyst reports. Maxim Group initiated coverage on shares of Duke Robotics in a research report on Tuesday, July 21st. They issued a “buy” rating and a $12.00 price objective on the stock. Weiss Ratings raised shares of Duke Robotics from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, June 18th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, Duke Robotics presently has an average rating of “Hold” and an average price target of $12.00.

Duke Robotics Company Profile

Duke Robotics Corp (Nasdaq: DUKR) is a Fort Lauderdale, Florida–based company that develops advanced stabilization and autonomous robotic drone systems for both civilian and defense markets. On the civilian side, its Insulator Cleaning Drone (IC Drone) is a drone-enabled system for cleaning and monitoring high-voltage electric utility insulators, and its AEROTRACE platform uses AI-powered aerial monitoring to help infrastructure operators assess assets and prioritize maintenance. In defense, the company holds the intellectual property behind the Bird of Prey, a fully stabilized remote weapon system designed for non-line-of-sight and stand-off engagements, which is marketed by Elbit Systems Land Ltd.