Drone Aviation (OTCMKTS:DRNE) Trading 4.5% Higher – Here’s Why

Drone Aviation Holding Corp (OTCMKTS:DRNEGet Free Report)’s stock price shot up 4.5% during mid-day trading on Monday . The company traded as high as $1.20 and last traded at $1.15. 48,300 shares changed hands during mid-day trading, an increase of 53% from the average session volume of 31,629 shares. The stock had previously closed at $1.10.

Drone Aviation Stock Up 4.5 %

The firm has a fifty day moving average of $1.15 and a two-hundred day moving average of $1.15.

About Drone Aviation

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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.

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