As of Wednesday close, AgEagle Aerial Systems Inc.’s (AMEX:UAVS) stock was down -$0.03, moving down -16.04 percent to $0.18. The average number of shares traded per day over the past five days has been 1,748,480 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.0411 fall in that time frame. In the last twenty days, the average volume was 1,297,260, while in the previous 50 days, it was 1,392,394.
Since last month, UAVS stock retreated -24.69%. Shares of the company fell to $0.1520 on 08/16/23, the lowest level in the past month. A 52-week high of $0.79 was reached on 02/02/23 after having rallying from a 52-week low of $0.21. Since the beginning of this year, UAVS’s stock price has dropped by -48.57% or -$0.1700, and marked a new high 9 times. However, the stock has declined by -77.36% since its 52-week high.
Valuation Metrics
The stock’s beta is 3.64. Besides these, the trailing price-to-sales (P/S) ratio of 0.94, the price-to-book (PB) ratio of 0.38.
Financial Health
In the recent quarter, AgEagle Aerial Systems Inc.’s quick ratio stood at 1.30, while its current ratio was 2.60, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.04, and the total debt-to-equity ratio was 0.08. On the profitability front, the trailing twelve-month gross margin is 45.70% percent. Based on annual data, UAVS earned -$64.28 million in gross profit and brought in $19.09 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -125.10%. Return on equity (ROE) for the past 12 months was -85.90%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. UAVS’s revenue fell -525.81% to $5.49 million during the quarter, while net income inched up to $0.31 million. During the quarter, the company generated -$3.69 million in EBITDA. The liabilities of AgEagle Aerial Systems Inc. were 10.53 million at the end of its most recent quarter. The value of shareholders’ equity is $109.51 million.
Technical Picture
This quick technical analysis looks at AgEagle Aerial Systems Inc.’s (UAVS) price momentum. With a historical volatility rate of 103.97%, the RSI 9-day stood at 25.35% on 16 August.
With respect to its five-day moving average, the current AgEagle Aerial Systems Inc. price is down by -18.59% percent or -$0.0411. At present, UAVS shares trade -25.96% below its 20-day simple moving average and -54.25% percent below its 100-day simple moving average. However, the stock is currently trading approximately -47.74% below its SMA50 and -66.67% below its SMA200.
Stochastic coefficient K was 39.62% and Stochastic coefficient D was 37.36%, while ATR was 0.0197. Given the Stochastic reading of 25.43% for the 14-day period, the RSI (14) reading has been calculated as 29.53%. As of today, the MACD Oscillator reading stands at -0.0123, while the 14-day reading stands at -0.0184.
Analyst Ratings
AgEagle Aerial Systems Inc. (UAVS) has been rated Buy by analysts. According to 0 brokerage firms, UAVS is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate AgEagle Aerial Systems Inc. stock as buy, with 1 recommending it as overweight.
With a median target price of $453.75, the current consensus forecast for the stock is $453.75 – $453.75. Based on these forecasts, analysts predict AgEagle Aerial Systems Inc. (UAVS) will achieve an average price target of $453.75.
