Drone Aviation (OTCMKTS:DRNE) Stock Price Crosses Below Fifty Day Moving Average – Here’s Why

Drone Aviation Holding Corp (OTCMKTS:DRNE)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $1.15 and traded as low as $1.07. Drone Aviation shares last traded at $1.15, with a volume of 48,300 shares trading hands.

Drone Aviation Trading Up 4.5%

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

Drone Aviation Company Profile

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.