The trading price of AgEagle Aerial Systems Inc (AMEX:UAVS) closed higher on Monday, June 16, and closing at $1.53, 17.69% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $32.42 and a 52-week low of $0.72. Over the past month, the stock has gained 76.17% in value.
AgEagle Aerial Systems Inc, whose market valuation is $21.30 million at the time of this writing, is expected to release its quarterly earnings report in July. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest UAVS has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 50% Sell.
A quick review shows that UAVS’s price is currently 42.81% off the SMA20 and 50.06% off the SMA50. The RSI metric on the 14-day chart is currently showing 65.21, and weekly volatility stands at 13.84%. When measured over the past 30 days, the indicator reaches 14.31%. AgEagle Aerial Systems Inc (AMEX:UAVS)’s beta value is currently sitting at 3.20, while the Average True Range indicator is currently displaying 0.20.
To see how AgEagle Aerial Systems Inc stock has been performing in comparison to its peers in the industry, here are the numbers: UAVS stock’s performance was 17.69% in the latest trading, and -95.22% in the past year.
An evaluation of the daily trading volume of AgEagle Aerial Systems Inc (AMEX:UAVS) indicates that the 3-month average is 1.76 million.
Currently, records show that 13.93 million of the company’s shares remain outstanding. The insiders hold 5.05% of outstanding shares, whereas institutions hold 0.80%. However, since the stock’s price has seen -55.91% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
