Ageagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS – Get Free Report) was down 4.6% during trading on Tuesday . The stock traded as low as $0.79 and last traded at $0.8118. Approximately 917,096 shares traded hands during trading, a decline of 18% from the average daily volume of 1,124,851 shares. The stock had previously closed at $0.8513.
Ageagle Aerial Systems Price Performance
The stock has a 50-day moving average of $0.99 and a two-hundred day moving average of $1.06.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in UAVS. Geode Capital Management LLC increased its position in shares of Ageagle Aerial Systems by 247.4% in the second quarter. Geode Capital Management LLC now owns 146,450 shares of the company’s stock worth $151,000 after acquiring an additional 104,290 shares in the last quarter. Vanguard Group Inc. boosted its stake in Ageagle Aerial Systems by 98.5% in the 3rd quarter. Vanguard Group Inc. now owns 644,022 shares of the company’s stock worth $1,294,000 after purchasing an additional 319,585 shares during the period. UBS Group AG boosted its stake in Ageagle Aerial Systems by 920.4% in the 3rd quarter. UBS Group AG now owns 429,133 shares of the company’s stock worth $863,000 after purchasing an additional 387,076 shares during the period. Two Sigma Investments LP purchased a new position in Ageagle Aerial Systems during the 3rd quarter worth approximately $42,000. Finally, Renaissance Technologies LLC purchased a new position in Ageagle Aerial Systems during the 4th quarter worth approximately $77,000. 10.89% of the stock is currently owned by institutional investors and hedge funds.
Ageagle Aerial Systems Company Profile
Ageagle Aerial Systems, Inc (NYSE American: UAVS) is an investment and operating company dedicated to the commercial unmanned aerial systems (UAS) sector. The firm acquires and integrates UAS-related businesses across research and development, manufacturing, sales and contract operations. By combining R&D and integration, direct product sales and aerial services, Ageagle builds a diversified offering of drone technologies and end-to-end solutions for a range of industries.
Ageagle’s subsidiaries develop and supply both fixed-wing and multirotor unmanned platforms equipped with advanced payloads such as precision agricultural spraying systems, multispectral imaging, LiDAR scanning and thermal sensors.
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