DEFSEC Technologies (NASDAQ:DFSC) Releases Earnings Results

DEFSEC Technologies (NASDAQ:DFSC) announced its quarterly earnings data on Monday. The company reported ($1.96) EPS for the quarter, Zacks reports. DEFSEC Technologies had a negative net margin of 232.47% and a negative return on equity of 217.22%.

DEFSEC Technologies Price Performance

Shares of DFSC stock opened at $1.75 on Tuesday. The stock has a market cap of $2.50 million, a PE ratio of -0.07 and a beta of 2.26. DEFSEC Technologies has a 1-year low of $1.62 and a 1-year high of $26.46. The firm’s 50-day moving average is $3.29.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of DEFSEC Technologies in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, DEFSEC Technologies currently has an average rating of “Sell”.

About DEFSEC Technologies

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.