AgEagle Aerial Systems Inc. (AMEX:UAVS) saw an upside of 2.11% to close Friday at $0.19 after subtracting $0.0 on the day. The 5-day average trading volume is 1,291,860 shares of the company’s common stock. It has gained $0.2200 in the past week and touched a new high 3 times within the past 5 days. An average of 1,974,320 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,535,600.
UAVS’s 1-month performance is 11.94% or $0.0240 on its low of $0.1602 reached on 08/25/23. The company’s shares have touched a 52-week low of $0.15 and high of $0.65, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, UAVS has lost -44.57% or -$0.1560 and has reached a new high 9 times. However, the current price is down -70.15% from the 52-week high price.
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Valuation Metrics
UAVS stock has a beta of 3.60. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.23 while the price-to-book (PB) in the most recent quarter is 0.52.
AgEagle Aerial Systems Inc.’s quick ratio for the recent period was 1.16, with the current ratio over the same period at 2.18. In terms of profitability, the gross margin trailing 12 months is 19.63%. The trailing 12-month EBITDA margin is -95.16%. The firm’s gross profit as reported stood at -$64.28 million against revenue of $19.09 million.
Earnings Surprise
Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -5.86% to -$5.29 million, while revenue of $0.0 was 100.0% off the previous quarter. EBITDA for the quarter stood at more than -$3.69 million. UAVS stock balance sheet for the recent quarter shows that total liabilities totaled 10.53 million, with total debt at $7.01 million. Shareholders hold equity totaling $109.51 million.
Let’s look briefly at AgEagle Aerial Systems Inc. (UAVS) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 September was 51.24% to suggest the stock is trending Neutral, with historical volatility in this time period at 93.06%.
The stock’s 5-day moving average is $0.1993, reflecting a +2.11% or $0.0040 change from its current price. UAVS is currently trading +17.93% above its 20-day SMA, -49.28% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -24.28% and SMA200 by-52.68%.
Stochastic %K and %D was 53.32% and 57.47% and the average true range (ATR) pointed at 0.0175. The RSI (14) points at 50.02%, while the 14-day stochastic is at 46.43% with the period’s ATR at 0.0173. The stock’s 9-day MACD Oscillator is pointing at -0.0009 and 0.0076 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for UAVS stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate UAVS as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is UAVS’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $453.75 and a high of $453.75, with their median price target at $453.75. Looking at these predictions, the average price target given by analysts is for AgEagle Aerial Systems Inc. (UAVS) stock is $453.75.
