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

Volatus Aerospace Corp. (CVE:VOLGet Free Report) fell 1.9% during trading on Friday . The stock 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 stock has a 50-day moving average price of C$0.26 and a two-hundred day moving average price of C$0.23. The stock has a market capitalization of C$114.38 million, a PE ratio of -6.38 and a beta of 0.94.

Volatus Aerospace (CVE:VOLGet Free Report) last posted its quarterly earnings results on Monday, August 26th. The company reported C($0.02) earnings per share for the quarter. The firm had revenue of C$7.12 million during the quarter. Volatus Aerospace had a negative return on equity of 238.20% and a negative net margin of 28.94%.

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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