AgEagle Aerial Systems (NYSEAMERICAN:UAVS) Shares to Reverse Split on Tuesday, October 15th

Posted by on Oct 11th, 2024

Shares of AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS – Free Report) are scheduled to reverse split on Tuesday, October 15th. The 1-50 reverse split was announced on Thursday, October 3rd. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, October 14th.

AgEagle Aerial Systems Price Performance

Shares of NYSEAMERICAN UAVS opened at $4.81 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.24 and a debt-to-equity ratio of 0.04. AgEagle Aerial Systems has a 12-month low of $0.08 and a 12-month high of $3.92.

AgEagle Aerial Systems (NYSEAMERICAN:UAVS – Get Free Report) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.24) earnings per share for the quarter. The company had revenue of $3.39 million for the quarter. AgEagle Aerial Systems had a negative net margin of 305.11% and a negative return on equity of 272.78%.

Hedge Funds Weigh In On AgEagle Aerial Systems

A hedge fund recently bought a new stake in AgEagle Aerial Systems stock. Virtu Financial LLC bought a new position in AgEagle Aerial Systems, Inc. (NYSEAMERICAN:UAVS – Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 37,717 shares of the company’s stock, valued at approximately $30,000. Virtu Financial LLC owned about 0.32% of AgEagle Aerial Systems at the end of the most recent reporting period. 10.89% of the stock is currently owned by hedge funds and other institutional investors.

AgEagle Aerial Systems Company Profile

(Get Free Report)

AgEagle Aerial Systems, Inc, through its subsidiaries, designs and delivers autonomous unmanned aerial systems worldwide. The company operates in three segments: Drones; Sensors; and Software-as-a-Service (SaaS). It offers unmanned aerial vehicles under the eBee Ag, eBee Geo, eBee TAC, eBee X, and eBee VISION brands; and sensor solutions, such as Altum-PT, RedEdge-P, Aeria X, Duet M, Duet T, S.O.D.A., and S.O.D.A.

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