Volatus Aerospace (CVE:VOL) Trading Down 1.9% – Should You Sell?

Volatus Aerospace Corp. (CVE:VOL) shares were down 1.9% during 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 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 Stock Down 1.9 %

The firm has a 50 day simple moving average of C$0.26 and a two-hundred day simple moving average of C$0.23. The stock has a market capitalization of C$114.38 million, a P/E ratio of -6.38 and a beta of 0.94.

Volatus Aerospace (CVE:VOL) last posted its earnings results on Monday, August 26th. The company reported C($0.02) EPS for the quarter. The company 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%.

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.