|Bid||5.10 x 1000|
|Ask||5.42 x 900|
|Day's Range||5.08 - 5.49|
|52 Week Range||0.30 - 17.68|
|Beta (5Y Monthly)||5.31|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The Federal Aviation Administration (FAA) is moving forward with new rules designed to allow the use of drones in package deliveries, and that has drone stocks on the march higher. Shares of AgEagle Aerial Systems (NYSEMKT: UAVS), a company that has been in the spotlight a lot this year, shot up as high as 20% on Wednesday before giving back some of those gains as the day went on. In December, the FAA announced rules designed to address security and safety concerns for the unmanned aerial vehicles, including requiring remote identification technology to help keep track of who is flying what.
Shares of drone maker AgEagle Aerial Systems (NYSEMKT: UAVS) fell roughly 10% in the first 90 minutes of trading on April 20. Measure's client list includes companies like Marathon Pipeline, CNN, CoStar Group, LAPD, and Nationwide Insurance.
Shares of AgEagle Aerial Systems (NYSEMKT: UAVS), a drone solutions provider, fell 22.7% in March, according to data from S&P Global Market Intelligence. Shares of many highly valued so-called growth stocks, especially ones whose prices have soared recently, pulled back last month. AgEagle stock certainly fits the bill, as this chart shows.