Shares of Volatus Aerospace Corp. (CVE:VOL – Get Free Report) dropped 1.9% during mid-day trading on Thursday . The stock traded as low as C$0.26 and last traded at C$0.26. Approximately 66,883 shares were traded during 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 50 day simple moving average of C$0.25 and a 200-day simple moving average of C$0.22. The stock has a market cap of C$114.38 million, a P/E ratio of -6.38 and a beta of 0.94.
Volatus Aerospace (CVE:VOL – Get Free Report) last issued its quarterly earnings results on Monday, August 26th. The company reported C($0.02) earnings per share (EPS) for the quarter. Volatus Aerospace had a negative return on equity of 238.20% and a negative net margin of 28.94%. The firm had revenue of C$7.12 million for the quarter.
About Volatus Aerospace
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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