AgEagle Aerial Systems Inc. [AMEX: UAVS] loss -14.10% or -0.77 points to close at $4.69 with a heavy trading volume of 3156292 shares. The company report on May 6, 2021 that AgEagle Aerial Systems to Host Corporate Update on Monday, May 17, 2021 at 4:30 PM ET.
AgEagle Aerial Systems Inc. (NYSE American: UAVS) (“AgEagle” or the “Company”), an industry leading drone solutions provider, will host a webcast on Monday, May 17, 2021 at 4:30 p.m. Eastern time to provide a corporate update and discuss recent operational highlights.
AgEagle CEO Michael Drozd, CFO Nicole Fernandez-McGovern and COO Brandon Torres Declet will host the corporate update. Investors and analysts are encouraged to submit questions they would like management to address during the discussion via email to UAVS@gatewayir.com by Friday, May 14, 2021 at 5:00 p.m. Eastern time.
It opened the trading session at $5.22, the shares rose to $5.32 and dropped to $4.68, the range by which the price of stock traded the whole day. The daily chart for UAVS points out that the company has recorded 116.13% gains over the past six months. However, it is still -369.0% lower than its most recent low trading price.
If we look at the average trading volume of 6.00M shares, UAVS reached to a volume of 3156292 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about AgEagle Aerial Systems Inc. [UAVS]:
The Average True Range (ATR) for AgEagle Aerial Systems Inc. is set at 0.68, with the Price to Sales ratio for UAVS stock in the period of the last 12 months amounting to 228.08. The Price to Book ratio for the last quarter was 10.42, with the Price to Cash per share for the same quarter was set at 0.38.
Trading performance analysis for UAVS stock
AgEagle Aerial Systems Inc. [UAVS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -15.65. With this latest performance, UAVS shares dropped by -28.18% in over the last four-week period, additionally plugging by 116.13% over the last 6 months – not to mention a rise of 342.45% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for UAVS stock in for the last two-week period is set at 37.95, with the RSI for the last a single of trading hit 34.22, and the three-weeks RSI is set at 40.47 for AgEagle Aerial Systems Inc. [UAVS]. The present Moving Average for the last 50 days of trading for this stock 6.54, while it was recorded at 5.26 for the last single week of trading, and 5.29 for the last 200 days.
AgEagle Aerial Systems Inc. [UAVS]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and AgEagle Aerial Systems Inc. [UAVS] shares currently have an operating margin of -383.64 and a Gross Margin at +31.12. AgEagle Aerial Systems Inc.’s Net Margin is presently recorded at -383.73.
Return on Total Capital for UAVS is now -31.82, given the latest momentum, and Return on Invested Capital for the company is -32.01. Return on Equity for this stock declined to -32.21, with Return on Assets sitting at -29.43. When it comes to the capital structure of this company, AgEagle Aerial Systems Inc. [UAVS] has a Total Debt to Total Equity ratio set at 1.38. Additionally, UAVS Total Debt to Total Capital is recorded at 1.37, with Total Debt to Total Assets ending up at 1.27. Long-Term Debt to Equity for the company is recorded at 0.72, with the Long-Term Debt to Total Capital now at 0.71.
Reflecting on the efficiency of the workforce at the company, AgEagle Aerial Systems Inc. [UAVS] managed to generate an average of -$493,245 per employee. Receivables Turnover for the company is 3.86 with a Total Asset Turnover recorded at a value of 0.08.AgEagle Aerial Systems Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 11.30 and a Current Ratio set at 11.40.
An analysis of insider ownership at AgEagle Aerial Systems Inc. [UAVS]
There are presently around $35 million, or 9.60% of UAVS stock, in the hands of institutional investors. The top three institutional holders of UAVS stocks are: STATE STREET CORP with ownership of 2,313,716, which is approximately New of the company’s market cap and around 9.20% of the total institutional ownership; BLACKROCK INC., holding 1,045,146 shares of the stock with an approximate value of $5.71 million in UAVS stocks shares; and VANGUARD GROUP INC, currently with $4.17 million in UAVS stock with ownership of nearly -7.113% of the company’s market capitalization.
Positions in AgEagle Aerial Systems Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 41 institutional holders increased their position in AgEagle Aerial Systems Inc. [AMEX:UAVS] by around 3,872,604 shares. Additionally, 14 investors decreased positions by around 448,633 shares, while 8 investors held positions by with 2,136,832 shares. The mentioned changes placed institutional holdings at 6,458,069 shares, according to the latest SEC report filing. UAVS stock had 22 new institutional investments in for a total of 2,777,994 shares, while 7 institutional investors sold positions of 248,832 shares during the same period.