Drone Delivery Canada (OTCMKTS:TAKOF) Trading 2.7% Higher – Should You Buy?

Drone Delivery Canada Corp. (OTCMKTS:TAKOF) shares were up 2.7% on Friday . The stock traded as high as $0.4570 and last traded at $0.4540. Approximately 115,415 shares changed hands during mid-day trading, a decline of 31% from the average daily volume of 166,431 shares. The stock had previously closed at $0.4420.

Drone Delivery Canada Stock Performance

The company’s 50-day simple moving average is $0.43 and its 200 day simple moving average is $0.40.

Drone Delivery Canada Company Profile

Drone Delivery Canada Inc (OTCMKTS:TAKOF) is a Canadian technology company that designs, engineers and operates an end-to-end drone logistics network. Founded in 2014 and headquartered in Vaughan, Ontario, the company focuses on delivering mission-critical payloads beyond visual line of sight (BVLOS) over land and water. Its integrated system combines proprietary unmanned aerial vehicles (UAVs), ground-based launch and landing stations (LLS), and a cloud-based operations platform to enable automated parcel transport in areas with limited or no road access.

At the core of Drone Delivery Canada’s offering is its fleet of heavy-lift drones capable of carrying payloads up to 10 kilograms per flight, supported by the High-Speed Aerial Logistics Operating System (HALOS) for route planning, scheduling and airspace management.