Volatus Aerospace (CVE:VOL) Stock Price Down 1.9% – Here’s What Happened

Volatus Aerospace Corp. (CVE:VOL)’s stock price fell 1.9% during mid-day trading on Thursday . The company traded as low as C$0.26 and last traded at C$0.26. 66,885 shares traded hands during trading, a decline of 22% from the average session volume of 85,414 shares. The stock had previously closed at C$0.26.

Volatus Aerospace Stock Down 1.9%

The firm has a market capitalization of C$114.38 million, a P/E ratio of -3.59 and a beta of 0.94. The firm has a 50 day moving average of C$0.26 and a 200-day moving average of C$0.26.

About Volatus Aerospace

Volatus Aerospace Corp. provides integrated drone solutions for commercial and defense markets in Canada, the United States, Latin America, and rest of Europe. The company offers drone services comprising of infrastructure inspection, mapping, survey, and imaging; public safety and defense equipment; and drone cargo and delivery solutions. It also provides pilot certification, flight skills, equipment training, beyond-visual-line-of-sight readiness services. In addition, the company offers client in-house program development, operational manuals, safety systems, waivers and SFOCs, OEM equipment testing, and certification consulting related services, as well as engaged in GIS related solutions.