Volatus Aerospace (CVE:VOL) Shares Down 1.9% – What’s Next?

Shares of Volatus Aerospace Corp. (CVE:VOL) traded down 1.9% during mid-day trading on Wednesday . The stock traded as low as C$0.26 and last traded at C$0.26. 66,885 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 85,414 shares. The stock had previously closed at C$0.26.

Volatus Aerospace Stock Performance

The firm has a market cap of C$114.38 million, a P/E ratio of -6.38 and a beta of 0.94. The business’s 50-day simple moving average is C$0.26 and its 200 day simple moving average is C$0.25.

Volatus Aerospace Company Profile

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.