Drone Aviation (OTCMKTS:DRNE) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

Drone Aviation Holding Corp (OTCMKTS:DRNEGet Free Report) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $1.15 and traded as high as $1.20. Drone Aviation shares last traded at $1.15, with a volume of 48,300 shares trading hands.

Drone Aviation Price Performance

The stock’s 50 day simple moving average is $1.15 and its 200 day simple moving average is $1.15.

Drone Aviation Company Profile

(Get Free Report)

Drone Aviation Holding Corp. designs, develops, markets, and sells lighter-than-air aerostats, tethered drones, and land-based intelligence, surveillance, and reconnaissance solutions. The company focuses on the development of tethered aerostat known as the Winch Aerostat Small Platform, as well as tethered drone products, including the WATT and FUSE tethered drones for commercial and military applications; and providing aerial monitoring for extended durations while being tethered to the ground through a high strength armored tether.

Read More

Receive News & Ratings for Drone Aviation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Drone Aviation and related companies with MarketBeat.com's FREE daily email newsletter.