Draganfly (OTCMKTS:DFLYF) Trading Up 2.4% – Time to Buy?

Draganfly Inc. (OTCMKTS:DFLYFGet Free Report) shares shot up 2.4% during mid-day trading on Tuesday . The stock traded as high as $10.3350 and last traded at $9.72. 4,465,179 shares traded hands during trading, an increase of 313% from the average session volume of 1,080,169 shares. The stock had previously closed at $9.49.

Draganfly Trading Up 2.4%

The business has a 50-day moving average price of $7.45 and a 200 day moving average price of $6.71.

Draganfly Company Profile

(Get Free Report)

Draganfly (OTCMKTS:DFLYF) is a Canadian-based developer and manufacturer of unmanned aerial vehicles (UAVs) and drone systems for commercial, industrial and government applications. The company designs and produces a range of aerial platforms, including quadcopters, hexacopters and fixed-wing drones equipped with high-resolution cameras, thermal and multispectral sensors. Draganfly’s integrated solutions combine hardware, software and data services to support site inspection, public safety, search and rescue, precision agriculture and environmental monitoring.

Founded in 1998 by Zenon Dragan, Draganfly introduced one of the world’s first commercial helicopter drones and has maintained its head office in Saskatoon, Saskatchewan.

Further Reading

Receive News & Ratings for Draganfly Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Draganfly and related companies with MarketBeat.com's FREE daily email newsletter.