Ageagle Aerial Systems (NYSEAMERICAN:UAVS – Get Free Report) posted its quarterly earnings results on Friday. The company reported ($0.26) EPS for the quarter, FiscalAI reports. The company had revenue of $2.69 million for the quarter. Ageagle Aerial Systems had a negative return on equity of 57.41% and a negative net margin of 103.38%.
Ageagle Aerial Systems Price Performance
UAVS opened at $1.09 on Friday. The stock has a fifty day moving average price of $0.84 and a 200 day moving average price of $0.97. Ageagle Aerial Systems has a 1 year low of $0.65 and a 1 year high of $2.92.
Institutional Investors Weigh In On Ageagle Aerial Systems
A number of hedge funds and other institutional investors have recently made changes to their positions in UAVS. Bridgeway Capital Management LLC bought a new stake in shares of Ageagle Aerial Systems in the 4th quarter valued at approximately $25,000. Two Sigma Investments LP acquired a new stake in Ageagle Aerial Systems in the third quarter valued at approximately $42,000. Renaissance Technologies LLC acquired a new stake in Ageagle Aerial Systems in the fourth quarter valued at approximately $77,000. XTX Topco Ltd grew its position in Ageagle Aerial Systems by 690.5% in the fourth quarter. XTX Topco Ltd now owns 98,203 shares of the company’s stock worth $80,000 after acquiring an additional 85,780 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in Ageagle Aerial Systems in the fourth quarter worth approximately $91,000. 10.89% of the stock is owned by hedge funds and other institutional investors.
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.
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