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Fundamentals in Focus: AgEagle Aerial Systems Inc. (UAVS) shares are up almost 68.70%

AgEagle Aerial Systems Inc. (AMEX:UAVS) in today session saw the price change of 68.70% and added 1.58 points. Shares of UAVS has been trading in a bullish manner, based on the relative positions of the stock’s 20 and 200 day moving averages. In the last month, however, the price of UAVS has increased +990.64%. Shares are now up 461.71% over the past year, underperforming the broad market by 164796.43% and underperforming a peer group of similar companies by -37.51%. After the latest session, which saw the stock close at a price of $2.30, AgEagle Aerial Systems Inc. sits 44.24% below its 52-week high. UAVS’s average trading volume of 17.39 million during the past month is 814.71% above its average volume over the past year, indicating that investors have been more active than usual in the stock in recent times.

Momentum indicators for UAVS Stock:

Of course, these surface-level price movements don’t tell us much about the direction that AgEagle Aerial Systems Inc. (UAVS) may be headed in the future. In order to predict this, technical analysts look at momentum indicators, which measure the speed and magnitude of these price movements. The idea is that as momentum slows, it may signal the approach of key support or resistance levels and a reversal of recent trends. The 20-day RSI for UAVS is 87.61, which suggests that the stock may be primed for a trend reversal or a corrective pullback in price. The 20-day Stochastic %k measure, which sits at 69.01, tells a different story.

What do the analysts think About AgEagle Aerial Systems Inc. (AMEX: UAVS)?

AgEagle Aerial Systems Inc. (UAVS) is currently undervalued by -99.14% relative to the average 1-year price target of $453.75 taken from a group of Wall Street Analysts.

How risky is the UAVS stock?

No study on the valuation of a stock is complete without taking into account risk. When analyzing the systematic risk associated with a stock, analysts look at beta, which measures the stock’s volatility relative to the overall market. UAVS has a beta of 2.06, compared to a beta of 1 for the market, which implies that the stock’s price movements are more extreme than the market as a whole. UAVS therefore has an above average level of market risk. During the past couple of weeks, UAVS shares average daily volatility was 667.12%, which is -365.95 percentage points higher than the average volatility over the past 100 days.

Analyzing Fundamental of AgEagle Aerial Systems Inc. (UAVS):

It’s generally a good idea to start with the most fundamental piece of the picture: the balance sheet. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For UAVS, the company currently has 718000.0 of cash on the books. The company also has 4.79 million in total assets, balanced by 522000.0 in total liabilities, which should give you a sense of the overall viability of the company under any number of imagined business contexts.

The company saw -1.84 million in free cash flow last quarter, representing a quarterly net change in cash of -1.88 million. Perhaps most importantly where cash movements are concerned, the company saw about -1.82 million in net operating cash flow.

As far as key trends that demonstrate something of the future investment potential of this stock, we need to take a closer look at the top line, first and foremost. Last quarter, AgEagle Aerial Systems Inc. (UAVS) saw 189000.0 in total revenues. That represents a quarterly year/year change in revenues of -410.81%. In sequential terms, the company saw sales “grow” by 410.90%.

But what about the bottom line? After all, that’s what really matters in the end. AgEagle Aerial Systems Inc. (UAVS) is intriguing when broken down to its core data. For shareholders, given the total diluted outstanding shares of 15.42 billion, this means an overall earnings per share of -0.17. Note, this compares with a consensus analyst forecast of 0 in earnings per share for its next fiscal quarterly report.

Looking ahead at valuations, according to the consensus, the next fiscal year is forecast to bring about 0 in total earnings per share. However, one should always remember: the trends are more important than the forecasts. This continues to be an interesting story, and we look forward to updating it again soon.