Draganfly (OTCMKTS:DFLYF) Trading Down 6.8% – What’s Next?

Draganfly Inc. (OTCMKTS:DFLYFGet Free Report) fell 6.8% during trading on Wednesday . The stock traded as low as $4.03 and last traded at $4.10. 998,642 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 1,080,169 shares. The stock had previously closed at $4.40.

Draganfly Stock Performance

The stock has a 50 day moving average of $5.50 and a 200-day moving average of $6.27.

Draganfly Company Profile

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Draganfly (OTCMKTS:DFLYF) is a Canadian-based developer and manufacturer of unmanned aerial vehicles (UAVs) and drone systems for commercial, industrial and government applications. The company designs and produces a range of aerial platforms, including quadcopters, hexacopters and fixed-wing drones equipped with high-resolution cameras, thermal and multispectral sensors. Draganfly’s integrated solutions combine hardware, software and data services to support site inspection, public safety, search and rescue, precision agriculture and environmental monitoring.

Founded in 1998 by Zenon Dragan, Draganfly introduced one of the world’s first commercial helicopter drones and has maintained its head office in Saskatoon, Saskatchewan.

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