AgEagle Aerial Systems (NYSEAMERICAN:UAVS) Trading Down 6.2%

Shares of AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVSGet Free Report) were down 6.2% during trading on Monday . The stock traded as low as $1.19 and last traded at $1.21. Approximately 139,352 shares were traded during trading, a decline of 72% from the average daily volume of 500,674 shares. The stock had previously closed at $1.29.

AgEagle Aerial Systems Price Performance

The stock has a market cap of $7.13 million, a P/E ratio of -0.08 and a beta of 3.68. The company has a current ratio of 1.36, a quick ratio of 0.59 and a debt-to-equity ratio of 0.06.

Hedge Funds Weigh In On AgEagle Aerial Systems

Institutional investors have recently bought and sold shares of the business. Virtu Financial LLC raised its position in AgEagle Aerial Systems by 30.0% during the 1st quarter. Virtu Financial LLC now owns 53,625 shares of the company’s stock worth $64,000 after buying an additional 12,368 shares during the last quarter. Goldman Sachs Group Inc. raised its position in AgEagle Aerial Systems by 70.1% during the 2nd quarter. Goldman Sachs Group Inc. now owns 75,251 shares of the company’s stock worth $48,000 after buying an additional 31,008 shares during the last quarter. Charles Schwab Investment Management Inc. purchased a new position in shares of AgEagle Aerial Systems during the 1st quarter valued at approximately $37,000. Jane Street Group LLC increased its holdings in shares of AgEagle Aerial Systems by 214.2% during the 1st quarter. Jane Street Group LLC now owns 180,773 shares of the company’s stock valued at $215,000 after purchasing an additional 123,244 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of AgEagle Aerial Systems by 38.3% during the 1st quarter. Bank of New York Mellon Corp now owns 261,609 shares of the company’s stock valued at $312,000 after purchasing an additional 72,439 shares in the last quarter. 10.89% of the stock is owned by hedge funds and other institutional investors.

AgEagle Aerial Systems Company Profile

(Get Free Report)

AgEagle Aerial Systems, Inc engages in designing and delivering autonomous unmanned aerial systems worldwide. The company operates in three segments: Drones; Sensors; and Software-as-a-Service (SaaS). It offers unmanned aerial vehicles under the eBee Ag, eBee Geo, eBee TAC, eBee X, and eBee VISION brands; and sensor solutions, such as Altum-PT, RedEdge-P, Aeria X, Duet M, Duet T, S.O.D.A., and S.O.D.A.

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