AgEagle Aerial Systems (NYSEAMERICAN:UAVS) Stock Price Up 4.2%

Shares of AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) rose 4.2% during mid-day trading on Friday . The stock traded as high as $0.29 and last traded at $0.27. Approximately 705,839 shares were traded during mid-day trading, an increase of 78% from the average daily volume of 396,130 shares. The stock had previously closed at $0.26.

AgEagle Aerial Systems Stock Up 5.4 %

The company has a quick ratio of 0.24, a current ratio of 0.77 and a debt-to-equity ratio of 0.04.

AgEagle Aerial Systems (NYSEAMERICAN:UAVS) last issued its earnings results on Wednesday, August 14th. The company reported ($0.24) earnings per share for the quarter. The company had revenue of $3.39 million for the quarter. AgEagle Aerial Systems had a negative return on equity of 272.78% and a negative net margin of 305.11%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in AgEagle Aerial Systems stock. Virtu Financial LLC acquired a new stake in AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 37,717 shares of the company’s stock, valued at approximately $30,000. Virtu Financial LLC owned about 0.32% of AgEagle Aerial Systems as of its most recent filing with the Securities and Exchange Commission (SEC). 10.89% of the stock is owned by institutional investors and hedge funds.

About AgEagle Aerial Systems

AgEagle Aerial Systems, Inc, through its subsidiaries, designs and delivers autonomous unmanned aerial systems worldwide. The company operates in three segments: Drones; Sensors; and Software-as-a-Service (SaaS). It offers unmanned aerial vehicles under the eBee Ag, eBee Geo, eBee TAC, eBee X, and eBee VISION brands; and sensor solutions, such as Altum-PT, RedEdge-P, Aeria X, Duet M, Duet T, S.O.D.A., and S.O.D.A.