Drone Aviation (OTCMKTS:DRNE) Share Price Crosses Above 50 Day Moving Average – Here’s Why

Drone Aviation Holding Corp (OTCMKTS:DRNEGet Free Report) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $1.15 and traded as high as $1.20. Drone Aviation shares last traded at $1.15, with a volume of 48,300 shares traded.

Drone Aviation Stock Up 4.5%

The company has a fifty day moving average price of $1.15 and a two-hundred day moving average price of $1.15.

About Drone Aviation

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Drone Aviation (OTCMKTS: DRNE) is a U.S.-based company that designs, manufactures and integrates small unmanned aerial systems (sUAS) for defense, public safety and commercial markets. The company’s core capabilities span aircraft platform development, mission-specific payload design and ground control station integration, allowing end users to deploy turnkey drone solutions for reconnaissance, inspection and surveillance tasks.

In addition to hardware offerings, Drone Aviation provides comprehensive services that include operator training, field support, maintenance programs and system upgrades.

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