Volatus Aerospace Inc. (TSE:FLT – Get Free Report) traded down 3.1% during trading on Tuesday . The company traded as low as C$0.47 and last traded at C$0.47. 1,215,374 shares traded hands during mid-day trading, a decline of 35% from the average daily volume of 1,861,088 shares. The stock had previously closed at C$0.48.
Volatus Aerospace Stock Down 3.1%
The company has a market cap of C$342.99 million, a PE ratio of -11.75 and a beta of 2.98. The company has a quick ratio of 9.02, a current ratio of 0.71 and a debt-to-equity ratio of 566.20. The firm’s fifty day simple moving average is C$0.57 and its 200-day simple moving average is C$0.69.
Volatus Aerospace (TSE:FLT – Get Free Report) last issued its quarterly earnings data on Tuesday, March 31st. The aerospace company reported C($0.01) earnings per share (EPS) for the quarter. The company had revenue of C$7.30 million for the quarter. Volatus Aerospace had a negative return on equity of 115.14% and a negative net margin of 27.14%. As a group, equities research analysts expect that Volatus Aerospace Inc. will post -0.01 earnings per share for the current fiscal year.
Volatus Aerospace Company Profile
Volatus Aerospace Inc provides integrated aerial intelligence, drone logistics and aerospace solutions internationally.
The company offers drone inspection, surveillance, lidar, geomatics, mapping, pipeline monitoring, wildfire support, crewed aviation, drone delivery and training services, as well as remotely piloted aircraft systems and related software platforms. It serves customers in industries including oil and gas, energy and utilities, defense, construction and engineering, infrastructure, mining, agriculture, government, public safety and property development.
The company was formed through the merger of Drone Delivery Canada Corp.
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