Ageagle Aerial Systems (NYSEAMERICAN:UAVS) Posts Earnings Results

Ageagle Aerial Systems (NYSEAMERICAN:UAVS) released its earnings results on Friday. The company reported ($0.26) earnings per share for the quarter, FiscalAI reports. The firm had revenue of $2.69 million during the quarter. Ageagle Aerial Systems had a negative net margin of 103.38% and a negative return on equity of 57.41%.

Ageagle Aerial Systems Price Performance

Shares of Ageagle Aerial Systems stock traded up $0.02 during trading hours on Friday, reaching $1.09. 4,196,081 shares of the company’s stock were exchanged, compared to its average volume of 4,503,592. The business has a fifty day moving average of $0.83 and a two-hundred day moving average of $0.97. Ageagle Aerial Systems has a 1 year low of $0.65 and a 1 year high of $2.92.

Institutional Trading of Ageagle Aerial Systems

Several large investors have recently bought and sold shares of UAVS. Calamos Wealth Management LLC acquired a new stake in Ageagle Aerial Systems in the 1st quarter valued at about $273,000. Calamos Advisors LLC purchased a new stake in shares of Ageagle Aerial Systems in the first quarter valued at approximately $273,000. Virtu Financial LLC acquired a new stake in shares of Ageagle Aerial Systems in the fourth quarter valued at approximately $91,000. XTX Topco Ltd lifted its position in Ageagle Aerial Systems by 690.5% during the fourth quarter. XTX Topco Ltd now owns 98,203 shares of the company’s stock worth $80,000 after buying an additional 85,780 shares in the last quarter. Finally, Bridgeway Capital Management LLC purchased a new position in Ageagle Aerial Systems during the fourth quarter worth approximately $25,000. Hedge funds and other institutional investors own 10.89% of the company’s stock.

About Ageagle Aerial Systems

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.