Drone Aviation (OTCMKTS:DRNE) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Drone Aviation Holding Corp (OTCMKTS:DRNEGet Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $1.15 and traded as low as $1.07. Drone Aviation shares last traded at $1.15, with a volume of 48,300 shares changing hands.

Drone Aviation Stock Up 4.5%

The business’s 50 day moving average price is $1.15 and its two-hundred day moving average price is $1.15.

Drone Aviation Company Profile

(Get Free Report)

Drone Aviation Holding Corp. designs, develops, markets, and sells lighter-than-air aerostats, tethered drones, and land-based intelligence, surveillance, and reconnaissance solutions. The company focuses on the development of tethered aerostat known as the Winch Aerostat Small Platform, as well as tethered drone products, including the WATT and FUSE tethered drones for commercial and military applications; and providing aerial monitoring for extended durations while being tethered to the ground through a high strength armored tether.

Further Reading

Receive News & Ratings for Drone Aviation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Drone Aviation and related companies with MarketBeat.com's FREE daily email newsletter.