AgEagle Aerial Systems Inc (UAVS): The Latest Casualty Of Increased Volatility?

AgEagle Aerial Systems Inc (AMEX:UAVS) does about 8.58M shares in volume on a normal day but saw 1308570 shares change hands in the recent trading day. The company now has a market cap of 26.94M USD. Its current market price is $5.65, marking a decrease of -17.16% compared to the previous close of $6.82. The 52 week high reached by this stock is $118.00 whilst the lowest price level in 52 weeks is $1.54.

AgEagle Aerial Systems Inc (UAVS) has a 20-day trading average at $5.88 and the current price is -95.21% off the 52-week high compared with 266.88% distance from its 52-week low. The 50-day simple moving average of the closing price is $4.15 and its 200-day simple moving average is $23.24. If we look at the stock’s price movements over the week, volatility stands at 20.42%, which increases to 26.96% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 50.38 to suggest the stock is neutral.

The consensus objective for the share price is $18.15, suggesting that the stock has a potential upside of 68.87% over the period.

The current price level is -3.96%, 36.08%, and -75.68% away from its SMA20, SMA50, and SMA200 respectively, with the UAVS price moving below the 50-day SMA on current market day. AgEagle Aerial Systems Inc (UAVS) stock is down -6.92% over the week and 94.83% over the past month. Its price is -94.61% year-to-date and -95.24% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

To reach the target analysts have set, the stock logically needs to grow 68.87 percent from here.

Outstanding shares total 4.77M with insiders holding 100.45% of the shares and institutional holders owning 2.70% of the company’s common stock. The company has a return on investment of -453.47% and return on equity of -187.63%. The beta has a value of 4.21. Price to book ratio is 0.31 and price to sales ratio is 2.00.