Drone Delivery Canada (OTCMKTS:TAKOF) Shares Down 3.2% – What’s Next?

Drone Delivery Canada Corp. (OTCMKTS:TAKOF) fell 3.2% on Wednesday . The company traded as low as $0.3891 and last traded at $0.3910. 199,093 shares were traded during mid-day trading, a decline of 48% from the average session volume of 386,064 shares. The stock had previously closed at $0.4040.

Drone Delivery Canada Stock Down 3.2%

The company has a 50 day simple moving average of $0.43 and a 200-day simple moving average of $0.43.

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.