Maxim Group Upgrades Duke Robotics (NASDAQ:DUKR) to Strong-Buy

Duke Robotics (NASDAQ:DUKR) was upgraded by analysts at Maxim Group to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports.

Separately, Weiss Ratings raised shares of Duke Robotics from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $12.00.

Duke Robotics Trading Down 1.1%

Shares of NASDAQ:DUKR opened at $5.41 on Tuesday. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 3.30. The stock has a fifty day moving average of $6.15. The company has a market capitalization of $18.45 million, a price-to-earnings ratio of -21.64 and a beta of 2.17. Duke Robotics has a 12-month low of $4.00 and a 12-month high of $14.20.

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.