Volatus Aerospace (CVE:VOL) Trading Down 1.9% – Time to Sell?

Volatus Aerospace Corp. (CVE:VOLGet Free Report) dropped 1.9% during mid-day trading on Friday . The stock traded as low as C$0.26 and last traded at C$0.26. Approximately 66,885 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 85,414 shares. The stock had previously closed at C$0.26.

Volatus Aerospace Price Performance

The company has a market cap of C$114.38 million, a P/E ratio of -6.38 and a beta of 0.94. The company’s 50-day moving average is C$0.26 and its two-hundred day moving average is C$0.23.

Volatus Aerospace (CVE:VOLGet Free Report) last posted its earnings results on Monday, August 26th. The company reported C($0.02) EPS for the quarter. The business had revenue of C$7.12 million during the quarter. Volatus Aerospace had a negative return on equity of 238.20% and a negative net margin of 28.94%.

Volatus Aerospace Company Profile

(Get Free Report)

Volatus Aerospace Corp. provides integrated drone solutions for commercial and defense markets in Canada, the United States, Latin America, and rest of Europe. The company offers drone services comprising of infrastructure inspection, mapping, survey, and imaging; public safety and defense equipment; and drone cargo and delivery solutions.

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