AgEagle Aerial Systems Inc. (AMEX: UAVS) is 72.00% higher on its value in year-to-date trading and has touched a low of $0.19 and a high of $17.68 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The UAVS stock was last observed hovering at around $8.96 in the last trading session, with the day’s gains setting it 1.36% off its average median price target of $453.75 for the next 12 months. It is also 97.73% off the consensus price target high of $453.75 offered by 1 analysts, but current levels are 97.73% higher than the price target low of $453.75 for the same period.
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Currently trading at $10.32, the stock is -17.29% and 19.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 29.91 million and changing 15.18% at the moment leaves the stock 168.98% off its SMA200. UAVS registered 1828.97% gain for a year compared to 6-month gain of 282.22%. The firm has a 50-day simple moving average (SMA 50) of $10.98 and a 200-day simple moving average (SMA200) of $4.86.
The stock witnessed a -31.06% loss in the last 1 month and extending the period to 3 months gives it a 342.92%, and is -28.08% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 23.93% over the week and 18.89% over the month.
AgEagle Aerial Systems Inc. (UAVS) has around 29 employees, a market worth around $525.39M and $1.30M in sales. Distance from 52-week low is 5328.72% and -41.63% from its 52-week high. The company has generated returns on investments over the last 12 months (-58.70%).
AgEagle Aerial Systems Inc. (UAVS) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for AgEagle Aerial Systems Inc. (UAVS) is a “Buy”. 1 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
AgEagle Aerial Systems Inc. is expected to release its quarterly report on 05/14/2021 and quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to grow by 32.60% this year.
AgEagle Aerial Systems Inc. (UAVS) Top Institutional Holders
35 institutions hold shares in AgEagle Aerial Systems Inc. (UAVS), with 11.08M shares held by insiders accounting for 19.12% while institutional investors hold 4.47% of the company’s shares. The shares outstanding are 55.38M, and float is at 45.58M with Short Float at 12.09%. Institutions hold 3.62% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 0.83 million shares valued at $5.0 million. The investor’s holdings represent 1.42% of the UAVS Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 0.82 million shares valued at $1.87 million to account for 1.40% of the shares outstanding. The other top investors are Geode Capital Management, LLC which holds 0.3 million shares representing 0.52% and valued at over $0.69 million, while Mitsubishi UFJ Kokusai Asset Management Co., Ltd holds 0.35% of the shares totaling 0.21 million with a market value of $1.25 million.
AgEagle Aerial Systems Inc. (UAVS) Insider Activity
A total of 54 insider transactions have happened at AgEagle Aerial Systems Inc. (UAVS) in the last six months, with sales accounting for 27 and purchases happening 27 times. The most recent transaction is an insider sale by Gardner Thomas J, the company’s Director. SEC filings show that Gardner Thomas J sold 20,000 shares of the company’s common stock on Jan 04 at a price of $5.75 per share for a total of $0.12 million. Following the sale, the insider now owns 0.0 shares.
AgEagle Aerial Systems Inc. disclosed in a document filed with the SEC on Dec 30 that Mooney Barrett (Director) sold a total of 25,000 shares of the company’s common stock. The trade occurred on Dec 30 and was made at $6.03 per share for $0.15 million. Following the transaction, the insider now directly holds 100000.0 shares of the UAVS stock.
Still, SEC filings show that on Dec 29, Begley Grant A (Director) disposed off 4,125 shares at an average price of $6.29 for $25955.0. The insider now directly holds 0 shares of AgEagle Aerial Systems Inc. (UAVS).