DroneShield (ASX:DRO) Insider Sells A$4,892,460.00 in Stock

DroneShield Limited (ASX:DRO) insider Jethro Marks sold 1,460,000 shares of the stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of A$3.35, for a total transaction of A$4,892,460.00.

DroneShield Stock Performance

The firm has a market capitalization of $545.07 million, a PE ratio of 51.48 and a beta of 1.12. The company has a quick ratio of 1.37, a current ratio of 6.96 and a debt-to-equity ratio of 3.44.

DroneShield Company Profile

DroneShield Limited engages in the development, commercialization, and sale of hardware and software technology for drone detection and security in Australia and the United States. It offers DroneGun Tactical, a portable rifle shape drone disruptor, causing the drone to safely land, or fly back to the starting point; DroneGun Mk4, a rugged handheld counter-unmanned aircraft system (UAS) effector; DroneGun Mk3, a pistol shaped compact drone disruptor; RfPatrol Mk2, a wearable AI-enabled multi-mission detection tool; DroneSentry-X, a cross-vehicle compatible automated 360° detect and defeat device; and DroneSentry-X Mk2 is a software-defined detection and adaptive disruption system.