Ageagle Aerial Systems (NYSEAMERICAN:UAVS) Stock Price Up 0.1% – Time to Buy?

Ageagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS – Get Free Report) shares traded up 0.1% during trading on Wednesday. The company traded as high as $0.98 and last traded at $0.9550. Approximately 285,125 shares were traded during mid-day trading, a decline of 67% from the average session volume of 851,144 shares. The stock had previously closed at $0.9544.

Ageagle Aerial Systems Stock Performance

The firm’s 50 day moving average price is $0.94 and its two-hundred day moving average price is $0.96.

Ageagle Aerial Systems (NYSEAMERICAN:UAVS – Get Free Report) last issued its earnings results on Friday, August 14th. The company reported ($0.26) earnings per share (EPS) for the quarter. Ageagle Aerial Systems had a negative net margin of 276.51% and a negative return on equity of 78.86%. The firm had revenue of $2.69 million during the quarter.

Institutional Trading of Ageagle Aerial Systems

Institutional investors and hedge funds have recently bought and sold shares of the business. Connective Capital Management LLC acquired a new stake in shares of Ageagle Aerial Systems in the second quarter valued at approximately $33,000. Calamos Wealth Management LLC bought a new position in shares of Ageagle Aerial Systems during the 1st quarter worth approximately $273,000. Finally, Calamos Advisors LLC bought a new position in shares of Ageagle Aerial Systems during the 1st quarter worth approximately $273,000. Institutional investors own 10.89% of the company’s stock.

About Ageagle Aerial Systems

(Get Free Report)

AgEagle Aerial Systems, Inc is a commercial drone technology company that develops and supplies unmanned aerial systems, sensors and software for collecting and analyzing aerial data. Its solutions are designed to help organizations automate surveying, mapping, inspection and monitoring activities.

The company’s product portfolio has included the eBee line of fixed-wing drones, MicaSense multispectral imaging sensors and software for mission planning, flight management and data analysis.

Further Reading

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