Are AgEagle Aerial Systems Inc. (UAVS) stocks a prudent buy?

A share price of AgEagle Aerial Systems Inc. [UAVS] is currently trading at $0.79, up 8.70%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The UAVS shares have gain 14.95% over the last week, with a monthly amount drifted -28.51%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

On 20, March 2024, AgEagle Announces Sale of 50 RedEdge-P Multispectral Sensors to the Greek Ministry of Agriculture in Connection with Tender Award to the Consortium of ALVO. In a post published today on Yahoo Finance, AgEagle Aerial Systems Inc. (NYSE American: UAVS) (“AgEagle” or the “Company”), a leading provider of best-in-class full stack drone, sensors and software solutions for customers worldwide in the commercial and government verticals, today announces that ALVO, its exclusive Value Added Reseller (“VAR”) serving public and private companies and organizations in Greece, has been awarded a tender including drones and sensor payloads by the Hellenic Republic Ministry of Rural Development and Food in Greece (“Greek Ministry of Agriculture”). The tender includes the purchase of 50 RedEdge-P™ multispectral cameras from AgEagle.

From an analyst’s perspective:

AgEagle Aerial Systems Inc. experienced fluctuations in its stock price throughout the past year between $0.60 and $9.50. AgEagle Aerial Systems Inc. [AMEX: UAVS] shares were valued at $0.79 at the most recent close of the market.

Analyzing the UAVS fundamentals

Trailing Twelve Months sales for AgEagle Aerial Systems Inc. [AMEX:UAVS] were 13.74M which represents -34.68% decline. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at -1.38%, Pretax Profit Margin comes in at -3.09%, and Net Profit Margin reading is -3.14%. To continue investigating profitability, this company’s Return on Assets is posted at -1.72, Equity is -1.35 and Total Capital is -1.34. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.59.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.7275 points at the first support level, and at 0.6614 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.8439, and for the 2nd resistance point, it is at 0.8942.

Ratios To Look Out For

To put it in perspective, the Current Ratio for AgEagle Aerial Systems Inc. [AMEX:UAVS] is 0.96. Also, the Quick Ratio is 0.33, while the Cash Ratio stands at 0.07. Considering the valuation of this stock, the price to sales ratio is 0.63, the price to book ratio is 0.52.