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

Volatus Aerospace Corp. (CVE:VOL)’s share price fell 1.9% on Friday . The stock traded as low as C$0.26 and last traded at C$0.26. 66,885 shares traded hands 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 Price Performance

The business has a fifty day moving average of C$0.26 and a 200-day moving average of C$0.26. The stock has a market capitalization of C$114.38 million, a price-to-earnings ratio of -3.59 and a beta of 0.94.

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.