Shares of Drone Delivery Canada Corp. (CVE:FLT - Get Free Report) dropped 2.5% on Wednesday . The company traded as low as C$0.19 and last traded at C$0.20. Approximately 402,169 shares traded hands during trading, a decline of 58% from the average daily volume of 953,414 shares. The stock had previously closed at C$0.20.
Drone Delivery Canada Trading Up 2.6 %
The company has a debt-to-equity ratio of 6.90, a current ratio of 0.59 and a quick ratio of 9.02. The firm has a fifty day simple moving average of C$0.14 and a 200-day simple moving average of C$0.17. The firm has a market cap of C$89.80 million, a P/E ratio of -5.00 and a beta of 0.94.
About Drone Delivery Canada
(
Get Free Report)
Drone Delivery Canada Corp. designs, develops, and implements a commercial drone-based logistics platform in Canada and internationally. The company's logistics infrastructure solution is an integrated turnkey logistics platform, which include industrial-grade drones, automated DroneSpot depots, automated battery management systems, a detect and avoid radar system, and proprietary FLYTE software to integrate various components into a solution.
Recommended Stories
Before you consider Drone Delivery Canada, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Drone Delivery Canada wasn't on the list.
While Drone Delivery Canada currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
