Ageagle Aerial Systems (NYSEAMERICAN:UAVS) Trading Down 4.6% – Here’s Why

Ageagle Aerial Systems, Inc. (NYSEAMERICAN:UAVSGet Free Report)’s stock price dropped 4.6% during mid-day trading on Tuesday . The company traded as low as $0.79 and last traded at $0.8118. 917,096 shares were traded during trading, a decline of 18% from the average session volume of 1,124,851 shares. The stock had previously closed at $0.8513.

Ageagle Aerial Systems Price Performance

The stock’s fifty day simple moving average is $0.98 and its two-hundred day simple moving average is $1.06.

Institutional Trading of Ageagle Aerial Systems

A number of large investors have recently added to or reduced their stakes in UAVS. Virtu Financial LLC bought a new position in shares of Ageagle Aerial Systems in the fourth quarter valued at $91,000. Jane Street Group LLC grew its holdings in shares of Ageagle Aerial Systems by 198.6% in the 4th quarter. Jane Street Group LLC now owns 178,996 shares of the company’s stock worth $146,000 after acquiring an additional 119,045 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Ageagle Aerial Systems by 31.4% during the fourth quarter. Geode Capital Management LLC now owns 398,259 shares of the company’s stock worth $324,000 after purchasing an additional 95,108 shares during the period. UBS Group AG lifted its holdings in shares of Ageagle Aerial Systems by 920.4% during the third quarter. UBS Group AG now owns 429,133 shares of the company’s stock valued at $863,000 after purchasing an additional 387,076 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of Ageagle Aerial Systems by 98.5% in the 3rd quarter. Vanguard Group Inc. now owns 644,022 shares of the company’s stock valued at $1,294,000 after purchasing an additional 319,585 shares during the period. 10.89% of the stock is currently owned by institutional investors.

Ageagle Aerial Systems Company Profile

(Get Free Report)

Ageagle Aerial Systems, Inc (NYSE American: UAVS) is an investment and operating company dedicated to the commercial unmanned aerial systems (UAS) sector. The firm acquires and integrates UAS-related businesses across research and development, manufacturing, sales and contract operations. By combining R&D and integration, direct product sales and aerial services, Ageagle builds a diversified offering of drone technologies and end-to-end solutions for a range of industries.

Ageagle’s subsidiaries develop and supply both fixed-wing and multirotor unmanned platforms equipped with advanced payloads such as precision agricultural spraying systems, multispectral imaging, LiDAR scanning and thermal sensors.

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