(PARRO) Parrot - Ratings and Ratios

Parrot S.A. is a French company that specializes in designing and manufacturing professional drones, as well as developing software and services for various industries, including inspection, emergency response, security, and surveying. The companys product lineup includes the ANAFI Ai and ANAFI USA drones, which are designed for specific use cases, such as military and enterprise applications. Parrots drones are supported by a range of software development kits (SDKs), including the Open Source SDK, Ground SDK, Air SDK, and Sphinx, a 3D photorealistic drone simulation tool. These SDKs enable developers to create customized applications, including mobile apps and autonomous flight missions. Additionally, Parrot offers Olympe, a Python controller programming interface, and PDrAW, a video viewer.

Parrots products cater to a diverse customer base, including first responders, firefighters, search-and-rescue teams, security agencies, and surveying professionals. With a history dating back to 1994, the company has established itself as a key player in the drone industry. Its headquarters is located in Paris, France, and its products are sold internationally. The companys commitment to innovation and customer satisfaction is reflected in its ongoing development of new products and services.

Analyzing the technical data, we can observe that Parrots stock price is currently at 6.90 EUR, slightly below its 20-day and 50-day simple moving averages (SMA) of 7.01 and 7.08, respectively. However, the stock is significantly above its 200-day SMA of 3.83, indicating a potential long-term uptrend. The average true range (ATR) is 0.49, representing a 7.06% volatility. Given the current price action and the fact that the stock is trading above its 52-week low of 1.82, we can expect a potential breakout above the 52-week high of 9.36 if the company continues to innovate and expand its market share.

From a fundamental perspective, Parrots market capitalization stands at 212.89M EUR, and its return on equity (RoE) is -39.92, indicating a challenging financial situation. However, the absence of a price-to-earnings (P/E) ratio may suggest that the company is currently loss-making or has a highly volatile earnings profile. Considering the technical and fundamental data, our forecast suggests that Parrots stock may experience a short-term correction due to its current overbought condition relative to its short-term SMAs. Nevertheless, if the company can demonstrate significant growth and improvement in its financials, the stock may be poised for a long-term recovery and potential breakout above its 52-week high.