Volatus Aerospace (CVE:VOL) Trading Down 1.9% – Here’s Why

Volatus Aerospace Corp. (CVE:VOLGet Free Report)’s stock price traded down 1.9% on Tuesday . The company traded as low as C$0.26 and last traded at C$0.26. 66,885 shares were traded 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’s 50-day simple moving average is C$0.26 and its two-hundred day simple moving average is C$0.24. The stock has a market cap of C$114.38 million, a price-to-earnings ratio of -6.38 and a beta of 0.94.

About Volatus Aerospace

(Get Free Report)

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.

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