Drone Delivery Canada Corp. (CVE:FLT – Get Free Report)’s stock price traded down 2.9% during mid-day trading on Thursday . The stock traded as low as C$0.17 and last traded at C$0.17. 495,413 shares changed hands during trading, an increase of 14% from the average session volume of 436,399 shares. The stock had previously closed at C$0.18.
Drone Delivery Canada Stock Down 2.9 %
The firm has a market cap of C$77.95 million, a price-to-earnings ratio of -3.45 and a beta of 0.94. The firm has a 50 day moving average price of C$0.18 and a 200-day moving average price of C$0.17. The company has a current ratio of 0.46, a quick ratio of 9.02 and a debt-to-equity ratio of 67.19.
Drone Delivery Canada Company Profile
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.
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