Duke Robotics (NASDAQ:DUKR) Stock Falls 5.8% – Here’s What Happened

Duke Robotics Corp (NASDAQ:DUKR – Get Free Report)’s share price traded down 5.8% on Monday. The stock traded as low as $4.09 and last traded at $4.20. 18,767 shares traded hands during mid-day trading, an increase of 69% from the average session volume of 11,074 shares. The stock had previously closed at $4.46.

Analyst Upgrades and Downgrades

DUKR has been the topic of a number of recent analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of Duke Robotics in a report on Monday, September 14th. Maxim Group assumed coverage on shares of Duke Robotics in a research note on Tuesday, July 21st. They issued a “buy” rating and a $12.00 price objective for the company. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $12.00.

View Our Latest Stock Analysis on Duke Robotics

Duke Robotics Stock Performance

The stock has a 50 day moving average price of $5.27. The firm has a market capitalization of $14.20 million, a PE ratio of -6.18 and a beta of 2.23. The company has a quick ratio of 14.47, a current ratio of 14.47 and a debt-to-equity ratio of 0.05.

Duke Robotics (NASDAQ:DUKR – Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported ($0.26) EPS for the quarter. The business had revenue of $0.15 million during the quarter.

Duke Robotics Company Profile

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Duke Robotics, Inc is a defense technology company focused on the development of unmanned aerial vehicles and robotic systems for military and security applications. Its work centers on remotely operated platforms intended to support missions that may reduce the need to place personnel in high-risk environments.

The company is associated with TIKAD, an armed drone system designed to carry and remotely operate weapons for tactical applications. Duke Robotics has described its technology as suitable for defense, homeland security and law-enforcement uses, although the availability and deployment of specific products may depend on regulatory approvals and customer requirements.

Duke Robotics has operated in the United States and has promoted technology developed through Israeli defense and robotics expertise.

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