Drone Delivery Canada (CVE:FLT) Stock Price Up 1.5%

Shares of Drone Delivery Canada Corp. (CVE:FLTGet Rating) rose 1.5% during trading on Tuesday . The stock traded as high as C$0.34 and last traded at C$0.34. Approximately 43,487 shares changed hands during trading, a decline of 64% from the average daily volume of 122,417 shares. The stock had previously closed at C$0.33.

Drone Delivery Canada Price Performance

The stock has a market capitalization of C$75.11 million and a PE ratio of -5.40. The firm’s 50 day simple moving average is C$0.36 and its 200 day simple moving average is C$0.47. The company has a debt-to-equity ratio of 1.40, a current ratio of 11.69 and a quick ratio of 11.39.

Drone Delivery Canada (CVE:FLTGet Rating) last posted its quarterly earnings results on Monday, August 22nd. The company reported C($0.02) EPS for the quarter. The business had revenue of C$0.20 million for the quarter. As a group, equities analysts forecast that Drone Delivery Canada Corp. will post -0.01 EPS for the current fiscal year.

About Drone Delivery Canada

(Get Rating)

Drone Delivery Canada Corp. designs, develops, and implements a commercial drone-based logistics platform in Canada and internationally. The company's logistics infrastructure solution is an integrated turnkey logistics platform, which include industrial-grade drones, automated DroneSpot depots, automated battery management systems, a detect and avoid radar system, and proprietary FLYTE software to integrate various components into a solution.

Read More

Receive News & Ratings for Drone Delivery Canada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Drone Delivery Canada and related companies with MarketBeat.com's FREE daily email newsletter.