Volatus Aerospace Corp. (CVE:VOL – Get Free Report)’s stock price fell 2.2% during mid-day trading on Friday . The stock traded as low as C$0.22 and last traded at C$0.22. 128,502 shares were traded during mid-day trading, an increase of 57% from the average session volume of 81,978 shares. The stock had previously closed at C$0.23.
Volatus Aerospace Price Performance
The business has a 50 day moving average price of C$0.19 and a 200 day moving average price of C$0.15. The firm has a market capitalization of C$27.00 million, a P/E ratio of -2.50 and a beta of 0.37.
Volatus Aerospace (CVE:VOL – Get Free Report) last issued its quarterly earnings results on Tuesday, May 28th. The company reported C($0.02) EPS for the quarter, hitting analysts’ consensus estimates of C($0.02). The company had revenue of C$6.62 million during the quarter, compared to analyst estimates of C$10.30 million. Volatus Aerospace had a negative return on equity of 86.91% and a negative net margin of 27.14%.
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.
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