Draganfly (OTCMKTS:DFLYF) Stock Price Down 2% – Here’s Why

Shares of Draganfly Inc. (OTCMKTS:DFLYF – Get Free Report) traded down 2% during trading on Wednesday. The company traded as low as $3.40 and last traded at $3.44. 720,966 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 1,080,169 shares. The stock had previously closed at $3.51.

Draganfly Price Performance

The business’s fifty day simple moving average is $4.80 and its 200 day simple moving average is $5.67.

About Draganfly

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Draganfly Inc is a Canadian drone technology company that develops and provides unmanned aerial systems, software and related services for commercial, public-safety and government applications. Its offerings are designed to support aerial data collection, remote sensing and operational missions where drones can improve efficiency, safety or access.

The company’s products and services include multirotor and fixed-wing drones, drone payloads, flight-control and data-management software, and customized solutions.

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