Volatus Aerospace (CVE:VOL) Trading Down 1.9% – Should You Sell?

Volatus Aerospace Corp. (CVE:VOL)’s share price dropped 1.9% on Thursday . The stock traded as low as C$0.26 and last traded at C$0.26. Approximately 66,885 shares were traded during mid-day trading, a decline of 22% from the average daily volume of 85,414 shares. The stock had previously closed at C$0.26.

Volatus Aerospace Price Performance

The company has a market cap of C$114.38 million, a price-to-earnings ratio of -3.59 and a beta of 0.94. The firm has a 50-day moving average price of C$0.26 and a 200 day moving average price of C$0.26.

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. It also provides pilot certification, flight skills, equipment training, beyond-visual-line-of-sight readiness services. In addition, the company offers client in-house program development, operational manuals, safety systems, waivers and SFOCs, OEM equipment testing, and certification consulting related services, as well as engaged in GIS related solutions.