On Dec. 30, Mooney Barrett divested U.S. $150,625 in shares of AgEagle Aerial Systems Inc.. The Dir sold 25,000 shares at a price per share of $6.03. The transaction decreased this specific insider’s holdings to 100,000 shares worth around $0.78 million at present.
Is AgEagle Aerial Systems Inc. [AMEX:UAVS] a Good Buy Right Now?
It should be noted that UAVS technical indicators for short, intermediate as well as long term progress have placed an overall average of 100% as Buy. The average signal changed from 100% Buy in the last week and compares with 56% Buy in the past month. Data from AgEagle Aerial Systems Inc.’s Trend Spotter indicated that the signals were Strengthening. The stock current average is 11.87 million shares in the past 20 days and the short term average signal indicates a 100% Buy. In the last 50 days, the average trading volume was 6.44 million shares while the medium term average advocated for 100% Buy. The average long-term signal stands at 100% Buy and the 100-day average volume stands at 4.75 million shares.
UAVS Price Performance
On Wall Street, AgEagle Aerial Systems Inc. [AMEX:UAVS] finished Friday’s session down -4.88% at $7.79. The stock went up to $9.00 at the same session while its lowest single day price was $7.32. In the last five days, it saw a rise of about 29.83%, AgEagle Aerial Systems Inc. shares gained by almost 29.83% since the beginning of the year. However, the share price has dropped to as low as -10.67% below its one year high. On 01/08/21, the company shares recorded $9.00, the highest single-day price it has got to in the last 52-weeks and a 52-week low was seen on 01/05/21, the same year at $5.35. The company’s shares have inclined by 1316.36% in the past year. The 50-day SMA achieved is $3.63 while the 200-day SMA is $2.33.
UAVS Stock Support And Resistance Levels
On the 24-hour scale, the immediate backing is perceived around 7.07 level, and in case of violation of this particular level, it will cause more drop to 6.36 level. On the upper level, 9.72 is still the key resistance. The stock may increase to the subsequent resistance at 8.75. The Relative Strength Index (RSI) pinned on the 14-day chart is 69.06, implying a neutral technical stance while the MACD stands at 0.92, meaning price will decrease in the next trading period. Percent R indicator moved to 20.85%, implying bullish price movement. Stochastic %K at 73.06% suggest holding the stock.
What is the short interest in AgEagle Aerial Systems Inc.?
Short interest in the AgEagle Aerial Systems Inc. stock has surged, increasing by 0.2 million shares to total 2.79 million shares on Dec 14, 2020. The interest had seen shares on Nov 12, 2020 stand at 2.99 million, data from Yahoo Finance shows. The decrease of -7.17% suggests the stock saw some decreased bullish sentiment. The stock’s days to cover (short ratio) moved to while the shorted shares account for just 5.37% of the overall float for the stock.
AgEagle Aerial Systems Inc.’s Biggest Shareholders: Who Owns AgEagle Aerial Systems Inc. [UAVS]?
Filings by The Vanguard Group, Inc. showed that the firm now holds a total of 795,956 shares or roughly 1.37% of the outstanding UAVS shares. This means their shares have increased by 734,789 from the 795,956 the investor reportedly held in its prior 13-F filing. With the conclusion of the purchase, Geode Capital Management LLC updated stake is worth $876,459. The BlackRock Fund Advisors’s holdings currently number 115,674 shares at $901100.46. According to the firm’s last 13F report, Nebula Research & Development LLC shares in the company at filing stood at 114,245 shares, roughly $330,168.
What are analyst thoughts on AgEagle Aerial Systems Inc.?
Looking forward to the AgEagle Aerial Systems Inc. share price prediction, we can see that analysts, surveyed by FactSet, offer the mean price target for AgEagle Aerial Systems Inc. stock at $453.75 within the next 12 months, which represents almost 98.28 per cent growth from its previous closing price of $7.79. The highest analysts’ target for AgEagle Aerial Systems Inc. stock projections is $453.75 and the lowest one is $453.75. Still, 1 analysts sharing their consensus rating for UAVS stock in 2021 agree that it is a Buy.