Drone Delivery Canada Corp. (CVE:FLT – Get Free Report) shares were down 2.5% during trading on Wednesday . The company traded as low as C$0.19 and last traded at C$0.20. Approximately 402,169 shares were traded during trading, a decline of 58% from the average daily volume of 953,414 shares. The stock had previously closed at C$0.20.
Drone Delivery Canada Stock Performance
The company has a quick ratio of 9.02, a current ratio of 0.59 and a debt-to-equity ratio of 6.90. The stock has a market cap of C$85.31 million, a P/E ratio of -4.75 and a beta of 0.94. The business has a 50 day moving average price of C$0.15 and a 200 day moving average price of C$0.17.
About Drone Delivery Canada
Drone Delivery Canada Corp. designs, develops, and implements a commercial drone-based logistics platform in Canada and internationally. The company's logistics infrastructure solution is an integrated turnkey logistics platform, which include industrial-grade drones, automated DroneSpot depots, automated battery management systems, a detect and avoid radar system, and proprietary FLYTE software to integrate various components into a solution.
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