DEFSEC Technologies (NASDAQ:DFSC) Posts Quarterly Earnings Results

DEFSEC Technologies (NASDAQ:DFSC) released its earnings results on Thursday. The company reported ($1.00) EPS for the quarter, Zacks reports. DEFSEC Technologies had a negative return on equity of 130.63% and a negative net margin of 154.40%.The business had revenue of $0.94 million during the quarter.

DEFSEC Technologies Stock Performance

NASDAQ DFSC opened at $1.90 on Friday. The firm’s 50 day moving average price is $2.14 and its two-hundred day moving average price is $3.15. DEFSEC Technologies has a twelve month low of $1.62 and a twelve month high of $26.46. The stock has a market cap of $2.72 million, a price-to-earnings ratio of -0.19 and a beta of 2.31.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of DEFSEC Technologies in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

DEFSEC Technologies Company Profile

DEFSEC develops and commercializes breakthrough next-generation tactical systems for military and security forces. The Company’s current portfolio of offerings includes digitization of tactical forces for real-time shared situational awareness and targeting information from any source (including drones) streamed directly to users’ smart devices and weapons. Other DEFSEC products include countermeasures against threats such as electronic detection, lasers and drones. These systems can operate stand-alone or integrate seamlessly with OEM products and battlefield management systems, and all come integrated with TAK.