Drone Aviation (OTCMKTS:DRNE) Stock Passes Below 50-Day Moving Average of $1.15

Drone Aviation Holding Corp (OTCMKTS:DRNEGet Rating)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $1.15 and traded as low as $1.07. Drone Aviation shares last traded at $1.15, with a volume of 48,300 shares changing hands.

Drone Aviation Stock Up 4.5 %

The company’s fifty day simple moving average is $1.15 and its 200-day simple moving average is $1.15.

About Drone Aviation

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Drone Aviation Holding Corp. designs, develops, markets, and sells lighter-than-air aerostats, tethered drones, and land-based intelligence, surveillance, and reconnaissance solutions. The company focuses on the development of tethered aerostat known as the Winch Aerostat Small Platform, as well as tethered drone products, including the WATT and FUSE tethered drones for commercial and military applications; and providing aerial monitoring for extended durations while being tethered to the ground through a high strength armored tether.

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