AgEagle Aerial Systems, Inc. (NYSE:UAVS) traded at $2.69 at last check on Tuesday, Sep 15, making an upward move of 0.37% on its previous day’s price.
Looking at the stock we see that its previous close was $2.68 and the beta (5Y monthly) reads 4.58 with the day’s price range being $2.6500 – 2.7000. The company has a 12-month trailing PE ratio of 0. In terms of its 52-week price range, UAVS has a high of $5.15 and a low of $0.19. The company’s stock has gained about -16.72% over that past 30 days.
On the other hand, looking at the outlook for the UAVS stock, short term indicators assign the stock an average of 25% Buy, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Based on estimates by 1 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, none have rated the AgEagle Aerial Systems, Inc. (UAVS) stock as a Hold, while 1 rate it as a Buy. None analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the UAVS stock currently stands at 0, and the current price level is -1.03% off its SMA20 and -2.7% from its 50-day simple moving average. The RSI (14) is pointing at 44.33 while the volatility over the past week is 5.78% and jumps to 10.77% over the past one month. The beta value is 4.58, while the average true range (ATR) is currently pointing at 0.26. The average price target for the stock over the next 12 months is $453.75, with the estimates having a low of $453.75 and a high of $453.75. These price ends are 16768.03% and +16768.03% off the current price level respectively, although investors could be excited at the prospect of a +16768.03% if the UAVS share price touches on the median price of $453.75.
Let’s briefly compare AgEagle (UAVS) stock to its peers. We find that today’s price change of +0.37% and +813.72% over the past 12 months for UAVS betters that of Archer Daniels Midland (ADM), which has seen its stock price fall -0.06% in the latest trading session and is +13.13% over the last one year. Another of its peers Corteva Inc (CTVA) has climbed 1.66% today, and is +0.17% up over the past year, while Calavo Growers Inc (CVGW) is also up 0.37% yet its price remains in the green at 813.72% over the same period. Archer has a P/E ratio of 14.77 compared to AgEagle’s 0 and Corteva’s 47.27. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.52% and 0.01%, respectively, in early deals.
Coming back to AgEagle Aerial Systems, Inc. (NYSE:UAVS), we note that the average 3-month trading volume was 9.72 Million, while that of the preceding 10-day period stands at 3.49 Million. Current shares outstanding are 57.23 Million.
According to data from Thomson Reuters, insiders hold 54.95% of the company’s shares while institutions hold 0.81%. The data shows that short shares as of August 30, 2020, stood at 2.06 Million at a short ratio of 0.37. This represents a 3.59% Short interest in Shares outstanding on August 30, 2020. Shares short dropped in August from the previous month at 3.35 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +497.78% up in year-to-date price movement.