Drone Delivery Canada (CVE:FLT) Trading 2.6% Higher

Published on July 13, 2024

Drone Delivery Canada Corp. (CVE:FLT – Get Free Report)’s share price traded up 2.6% during trading on Friday . The stock traded as high as C$0.21 and last traded at C$0.20. 86,767 shares traded hands during trading, a decline of 63% from the average session volume of 237,691 shares. The stock had previously closed at C$0.19.

Drone Delivery Canada Price Performance:

The company has a quick ratio of 9.02, a current ratio of 5.86 and a debt-to-equity ratio of 6.90. The stock has a market capitalization of C$43.72 million, a price-to-earnings ratio of -4.88 and a beta of 0.82. The company’s 50-day simple moving average is C$0.21 and its 200 day simple moving average is C$0.23.

Drone Delivery Canada (CVE:FLT – Get Free Report) last released its quarterly earnings results on Monday, May 27th. The company reported C($0.01) earnings per share (EPS) for the quarter. The business had revenue of C$0.10 million for the quarter. Equities research analysts forecast that Drone Delivery Canada Corp. will post -0.01 EPS for the current year.

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