Duke Robotics (NASDAQ:DUKR) Posts Quarterly Earnings Results

Duke Robotics (NASDAQ:DUKR) posted its quarterly earnings results on Thursday. The company reported ($0.26) earnings per share for the quarter, FiscalAI reports. The firm had revenue of $0.15 million during the quarter.

Duke Robotics Price Performance

NASDAQ:DUKR traded down $0.15 on Friday, hitting $5.45. 25,080 shares of the company’s stock were exchanged, compared to its average volume of 18,745. The company has a debt-to-equity ratio of 3.30, a quick ratio of 0.62 and a current ratio of 0.62. The business has a 50-day simple moving average of $5.67. The stock has a market capitalization of $18.58 million, a P/E ratio of -21.80 and a beta of 2.20. Duke Robotics has a 52 week low of $4.00 and a 52 week high of $14.20.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DUKR. Weiss Ratings upgraded Duke Robotics from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, June 18th. Maxim Group began coverage on Duke Robotics in a report on Tuesday, July 21st. They set a “buy” rating and a $12.00 price objective for the company. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $12.00.

About Duke Robotics

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.