Drone Delivery Canada Corp. (CVE:FLT – Get Free Report) traded down 2.9% on Thursday . The company traded as low as C$0.17 and last traded at C$0.17. 495,413 shares changed hands during trading, an increase of 14% from the average session volume of 436,399 shares. The stock had previously closed at C$0.18.
Drone Delivery Canada Price Performance
The company has a market capitalization of C$77.95 million, a price-to-earnings ratio of -3.45 and a beta of 0.94. The business has a 50 day moving average price of C$0.18 and a 200-day moving average price of C$0.17. The company has a debt-to-equity ratio of 67.19, a quick ratio of 9.02 and a current ratio of 0.46.
About Drone Delivery Canada
Drone Delivery Canada Corp. designs, develops, and implements a commercial drone-based logistics platform in Canada and internationally. The company's logistics infrastructure solution is an integrated turnkey logistics platform, which include industrial-grade drones, automated DroneSpot depots, automated battery management systems, a detect and avoid radar system, and proprietary FLYTE software to integrate various components into a solution.
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