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Tag: UAVS

  • AgEagle Aerial Systems Inc. (UAVS) stock declines in the after-market trading. Why is it so?

    AgEagle Aerial Systems Inc. (UAVS) stock declines in the after-market trading. Why is it so?

    AgEagle Aerial Systems Inc. (UAVS) stock surged by 14.32% at the last trading close whereas the UAVS stock price plunges by 3.83% in the after-market trading session, after the official announcement being made by Levi & Korsinsky that a securities class action lawsuit has been filed against UAVS. AgEagle’s focuses on high performance, next-level thought, and technical creativity, and it was among the few initiators in the delivery of advanced commercial drone technology, facilities, and solutions. Their goal is to create a completely new level for high-quality drone manufacturing in the United States.

    What is happening?

    On April 5, 2021, Levi & Korsinsky clarified that all individuals or organizations who purchased or acquired securities of UAVS between September 3, 2019, and February 18, 2021, should be aware that a securities class action lawsuit has been filed in the Central District of California by the United States District Court.

    Defendants made false statements and failed to report the following during the class period, according to the complaint:

    • UAVS was not in any collaboration with Amazon in fact it never had any link with Amazon in the past as well.
    • About their partnership with Amazon, the defendants were conveniently supporting the rumor that they have a relationship with Amazon rather than clarifying the public about it.
    • As a consequence, at all relevant times, Defendants’ claims about AgEagle’s company, activities, and prospects were significantly under – represented, and lacked a fair basis.

    The public has also been informed that anyone who hasfaced a loss in AgEagle can request the Court to appoint them as lead plaintiff till April 27, 2021. It is not necessary for you to be a lead plaintiff in order to share in any compensation.

    Levi & Korsinsky;

    With offices in New York, California, Connecticut, and Washington, D.C., Levi & Korsinsky is a nationally known company. The firm’s lawyers have considerable experience defending investors in securities cases and have helped shareholders recover hundreds of millions of dollars.

  • Market Movers: What changed for these 21 stocks while you were sleeping

    Market Movers: What changed for these 21 stocks while you were sleeping

    ‎Greenpro Capital Corp. (GRNQ), a Conglomerates company, dropped about -‎‎5.88% ‎at $1.76 in pre-market trading Tuesday after announcing Bitcoin fund.‎

    ‎ATIF Holdings Limited (ATIF) stock plunged -8.51% to $0.9698 in the pre-‎market ‎trading.‎

    ‎Bionano Genomics Inc. (BNGO) stock soared 8.57% to $0.96 in the pre-‎market ‎trading after declaring that Praxis Genomics, LLC received accreditation from the College of ‎American ‎Pathologists (CAP). The most recent rating by Ladenburg Thalmann, on September 24, 2020, ‎is a Buy. ‎

    ‎Zomedica Corp. (AMEX: ZOM) shares are trading up 4.5% at $0.2625 at the ‎time ‎of ‎writing. Company’s 52-week ranged between $0.06 to $0.50.‎

    ‎Nano Dimension Ltd. (NASDAQ: NNDM) shares are trading up 5.52% at $8.6 at ‎the ‎time of writing after pricing $250 million registered direct offering. ‎Company’s 52-week ‎ranged ‎between $0.51 to $10.49. Analysts have a consensus price target of $8. ‎

    ‎Jaguar Health Inc. (JAGX) stock moved down -2.88 percent to $0.7325 in the pre-‎‎market trading.‎

    ‎Ideanomics Inc. (IDEX), a Software – Application company, rose about 4.27% at ‎‎$2.44 ‎in pre-market trading Tuesday following the declaration the signing of an agreement of its ‎Mobile ‎Energy Global (“MEG”) and contracting entity Qingdao Chengyang Medici with Meihao ‎Chuxing, a joint ‎venture between BYD and Didi, to purchase an initial 2,000 units of model BYD D1. ‎

    ‎Alibaba Group Holding Limited (BABA) is up more than 3.64% at $230.45 in pre-‎‎‎market hours Tuesday December 29, 2020. The stock had jumped over 0.16% to $222.36 in ‎the ‎last ‎trading session.‎

    Before the trading started on December 29, 2020, FuelCell Energy Inc. (FCEL) is ‎up ‎‎2.3% to reach $11.81. It has been trading in a 52-week range of $0.84 to $13.91.‎

    ‎AeroCentury Corp. (ACY) lost over -25.7% at $10.29 in pre-market trading ‎Tuesday ‎December 29, 2020 following the update of listing standards compliance.‎

    ‎Color Star Technology Co. Ltd. (CSCW) is down more than -9.21% at $0.69 in pre-‎‎‎market hours Tuesday December 29, 2020. The stock had jumped over 7.04% to $0.76 in ‎the ‎last ‎trading session.‎

    Before the trading started on December 29, 2020, Guardion Health Sciences ‎Inc. ‎‎(GHSI) is up 14.83% to reach $0.36. The firm recently reported the appointment of ‎Bret ‎Scholtes, as its President and Chief Executive Officer, and as a member of the Board of Directors. ‎He is ‎a veteran of the nutritional products industry for nearly a decade. It has been trading in a 52-‎week ‎range of $0.17 to $0.74.‎

    ‎Nokia Corporation (NOK) stock soared 2.31% to $3.99 in the pre-market ‎trading ‎after reporting that it has been selected by Thailand’s dtac as its first 5G partner.‎ The most ‎recent ‎rating by Exane BNP Paribas, on October 30, 2020, is a Neutral. ‎

    Before the trading started on December 29, 2020, Acasti Pharma Inc. (ACST) is ‎up ‎‎7.32% to reach $0.3343. It has been trading in a 52-week range of $0.17 to $2.75.‎

    ‎RMG Acquisition Corp. (RMG) grew over 2.1% at $32.61 in pre-market trading ‎today ‎following the stockholder approval of business combination with Romeo Systems, Inc. with ‎no ‎redemptions.‎

    ‎Aprea Therapeutics Inc. (APRE), a Biotechnology company, rose about 4.73% ‎at ‎‎$5.76 in pre-market trading Tuesday after declaring results of primary endpoint from Phase 3 trial ‎of ‎Eprenetapopt in TP53 Mutant Myelodysplastic Syndromes (MDS).‎

    ‎MicroVision Inc. (NASDAQ: MVIS) shares are trading up 6.41% at $7.14 at ‎the ‎time ‎of writing. Company’s 52-week ranged between $0.15 to $9.74. Analysts have a consensus ‎price ‎target ‎of $4.50.‎

    ‎China Recycling Energy Corporation (CREG) is down more than -2.23% at $5.7 in pre-‎‎market hours Tuesday December 29, 2020 after revealing that it has entered into agreement to ‎acquire ‎Xi’an Taiying Energy Saving Technology ‎Co., Ltd..‎. The stock had jumped over 31.31% to $5.83 in ‎the last ‎trading session. ‎

    ‎BIOLASE Inc. (BIOL) stock moved up 25.44 percent to $0.6021 in the pre-‎market ‎trading.‎

    ‎Borr Drilling Limited (BORR), a Oil & Gas Drilling company, rose about 4.66% ‎at ‎‎$0.854 in pre-market trading Tuesday after reporting the appointment of Mr. Magnus Vaaler as its ‎new ‎Chief Financial Officer. He will replace Mr. Christoph Bausch.‎

    ‎Onconova Therapeutics Inc. (NASDAQ: ONTX) shares are trading up 3.68% ‎at ‎‎$0.465 ‎at the time of writing. Company’s 52-week ranged between $0.19 to $1.56. Analysts have ‎a ‎consensus ‎price target of $7.50.‎

  • 24 stocks trending in pre-market

    ‎Ocugen Inc. (OCGN) stock soared 77.6% to $1.43 in the pre-market trading after ‎signing a binding letter of intent (LOI) with Bharat Biotech to develop Bharat Biotech’s COVID-19 ‎vaccine candidate, COVAXIN, for the United States market.‎

    ‎Sundial Growers Inc. (NASDAQ: SNDL) shares are trading up 1.25% at $0.486 at the ‎time of writing after announcing completion of financial restructuring and debt-free status. Company’s ‎‎52-week ranged between $0.14 to $3.88. COVID-19 Pandemic – The government presents its daily ‎update.‎

    ‎Jaguar Health Inc. (JAGX), a Biotechnology company, rose about 55.89% at $0.617 in ‎pre-market trading Wednesday after releasing voting results from special meeting of stockholders & ‎December 23rd investor webinar.‎

    ‎FuelCell Energy Inc. (FCEL) stock moved up 8.42 percent to $11.65 in the pre-market ‎trading.‎

    ‎Onconova Therapeutics Inc. (ONTX) gained over 32.93% at $0.57 in pre-market ‎trading Wednesday December 23, 2020 following the announcement of FDA permission for study to ‎proceed under its investigational new drug application for multi-kinase CDK4/6 Inhibitor ON 123300.‎

    ‎Castor Maritime Inc. (CTRM) is up more than 2.39% at $0.1585 in pre-‎market ‎hours ‎Wednesday December 23, 2020. The stock had dropped over -2.33% to $0.15 in the ‎last ‎trading ‎session.‎

    ‎Riot Blockchain Inc. (RIOT) is down more than -4.4% at $14.0 in pre-market hours ‎Wednesday December 23, 2020 after reporting an expected 65% increase in bitcoin mining hash rate ‎capacity resulting from the purchase and future deployment of 15,000 S19 Pro and S19j Pro Antminers ‎from Bitmain Technologies Limited .The stock had jumped over 32.65% to $14.65 in the last trading ‎session.‎

    Before the trading started on December 23, 2020, Ideanomics Inc. (IDEX) is up ‎‎4.21% to reach $2.23. It has been trading in a 52-week range of $0.28 to $4.75.‎

    ‎Aurora Mobile Limited (JG) tumbled over -1.46% at $4.72 in pre-market trading ‎today after reporting that it has entered into a partnership agreement a global leading new energy ‎vehicle manufacturer to deliver an enhanced intelligent driving experience.‎

    ‎Velodyne Lidar Inc. (VLDR) is up more than 6.21% at $29.08 in pre-market hours ‎Wednesday December 23, 2020 after revealed the joining of the Qualcomm smart cities accelerator ‎program. The stock had jumped over 10.94% to $27.38 in the last trading session.‎

    ‎Magnite Inc. (NASDAQ: MGNI) shares are trading up 17.21% at $31.81 ‎at ‎the ‎time ‎of ‎writing. Company’s 52-week ranged between $4.09 to $26.63. Analysts have ‎a ‎consensus ‎price ‎target ‎of $30.‎

    ‎Sorrento Therapeutics Inc. (SRNE) grew over 10.66% at $7.99 in pre-market trading ‎today after declaring that it has submitted an emergency use authorization application to the FDA for ‎COVI-STIX™ rapid test for the detection of SARS-CoV-2 Viral Antigen.‎

    ‎UP Fintech Holding Limited (TIGR), a Capital Markets company, dropped about -‎‎2.79% at $7.66 in pre-market trading Wednesday.‎

    ‎Energous Corporation (WATT) stock moved up 13.98 percent to $2.12 in the pre-‎market trading following the declaration from the company that current board director Dan Fairfax has ‎been named chairman of the board as current Chairman Robert J.‎

    ‎Acasti Pharma Inc. (ACST) stock soared 25.92% to $0.3148 in the pre-‎‎‎‎market ‎trading. ‎The most recent rating by Oppenheimer, on September 01, 2020, is a Perform.‎

    ‎Tonix Pharmaceuticals Holding Corp. (TNXP) gained over 5.15% at $0.6008 in pre-‎market trading Wednesday December 23, 2020 after revealing an agreement whereby Tonix has ‎acquired the exclusive license to the University of Geneva’s technology for using oxytocin to treat ‎insulin resistance and related syndromes, including obesity, from privately held Katana ‎Pharmaceuticals, Inc.‎

    ‎BP p.l.c. (BP) is up more than 2.34% at $20.96 in pre-market hours Wednesday ‎December 23, 2020. The stock had dropped over -0.97% to $20.48 in the last trading session.‎

    Before the trading started on December 23, 2020, Evofem Biosciences Inc. (EVFM) ‎is up 6.61% to reach $2.58 after reporting that it will participate in Medicaid National Drug rebate ‎program for Phexxi® Effective January 1, 2021. It has been trading in a 52-week range of $1.91 to $7.21.‎

    ‎Cloudera Inc. (CLDR) is up more than 5.6% at $15.46 in pre-‎‎‎‎‎market ‎hours ‎Wednesday December 23, 2020. The stock had jumped over 13.31% ‎to ‎‎$14.64 ‎in ‎the ‎last ‎trading ‎session.‎

    ‎Advaxis Inc. (ADXS) stock soared 39.07% to $0.4357 in the pre-market trading ‎following the announcement of listing transfer to Nasdaq Capital Market and additional 180-day ‎eExtension by Nasdaq to regain compliance with minimum bid price rule.‎ The most recent rating by ‎Barclays, on August 03, 2016, is an Overweight. ‎

    ‎Nikola Corporation (NASDAQ: NKLA) shares are trading down -2.97% at $16.33 at ‎the time of writing after reporting that Nikola and Republic Services (NYSE: RSG) have discontinued ‎their collaboration on refuse truck development. Company’s 52-week ranged between $10.30 to ‎‎$93.99. Analysts have a consensus price target of $20.‎

    Before the trading started on December 23, ‎‎2020, ‎‎Oragenics ‎Inc. ‎‎(OGEN) ‎is ‎up ‎‎8.3% ‎to reach $0.4841. It has been trading in a 52-‎week ‎range of $0.36 to ‎‎$2.09.‎

    ‎Bionano Genomics Inc. (BNGO) grew over 1.45% at $0.56 in pre-market trading ‎today after reporting publication revealing in side-by-side comparison that method using PacBio ‎sequencing detects only 72% of the large structural variants detected by Optical Genome Mapping ‎with Saphyr.‎

    ‎Palatin Technologies Inc. (PTN) gained over 7.96% at $0.61 in pre-‎‎‎‎‎‎‎market ‎trading ‎Wednesday December 23, 2020.‎

  • 15 Trending Stocks In Aerospace And Defense Industry To Invest In

    The Global Aerospace & Defense industry is undergoing continuous changes as it is striving to meet the increased demands. The demands for innovative technologies is likely to help the A&D recovered from the previous year. The global A&D has experienced a downfall in 2019.

    But 2020 is considered to be a year of significant milestones for the A&D sector as the industry is heading towards the new trajectory of innovation and growth. As the competition has been increasing amongst the leading global powers the focus is turned towards the development of next-generation changer technologies to improve the aerospace & defense sector.

    Let’s take a quick look at 15 leading companies in the aerospace and defense industry:

    Kratos Defense & Security Solutions Inc. (NASDAQ: KTOS)

    Kratos Defense & Security Solutions Inc. (KTOS) stock drop by -0.81% to $19.55. The most recent rating by The Benchmark Company, on March 18, 2020, is at a Buy. Kratos Defense & Security Solutions Inc. disclosed Thursday that the second flight of the X-61A Gremlins Air Vehicle (GAV) became a success. The flight was completed in just two hours. Kratos Defense & Security Solutions has recorded the 52-weeks low and high range of $5.00-$21.90, respectively. Its market cap has remained high, hitting $2.39 billion.

    Lockheed Martin Corporation (NYSE: LMT)

    Lockheed Martin Corporation (NYSE: LMT) Shares headed falling, lower as much as -1.35%. The most recent rating by RBC Capital Mkts, on May 21, 2020, is at a Sector perform. Lockheed Martin Corporation has recently won a $912 million deal to support the THAAD program. The contract has been awarded to Lockheed Martin Corporation by the Missile Defense Agency. Lockheed Martin shares went up 46.65% from its 52-weeks low and moved down -11.81% from its 52-weeks high.

    General Dynamics Corporation (NYSE: GD)

    General Dynamics Corporation (GD) last closed at $149.35, in a 52-week range of $100.55 to $193.76. Analysts have a consensus price target of $169.24. General Dynamics Corporation announced its joint venture with Spanish defense contractor Santa Bárbara Sistemas. GD had secured an $870 million worth of a contract from the Spanish Ministry for wheeled combat vehicles. The new deal is a part of a larger contract of $2.06 billion to supply 348 wheeled combat vehicles to the Spanish military. GD is up 48.53% from its 52-weeks low and down -22.92% from its 52-weeks high.

    Northrop Grumman Corporation (NYSE: NOC)

    Northrop Grumman Corporation (NYSE: NOC) last closed at $342.61, in a 52-week range of $263.31 to $385.01. It has traded up 30.12% from its 52-weeks low and traded down -11.01% from its 52-weeks high. Analysts have a consensus price target of $393.18. It has secured a $45 million deal involving UH-1Y and AH-1Z helicopters. The contract has been granted to Northrop by Naval Air Systems Command, Patuxent River, MD. The contract is anticipated to complete by December 2023.

    Raytheon Technologies Corporation (NYSE: RTX)

    Raytheon Technologies Corporation (NYSE: RTX) stock drop by -1.99% to $61.00. The most recent rating by Argus, on July 29, 2020, is at a Hold. Raytheon Technologies earlier disclosed it has won a $21.8 million contract to support the MALD flight vehicles. It has received the investment by the Air Force Life Cycle Management Center, Robins Air Force Base, GA. The Miniature Air Launched Decoy (MALD) is a small unmanned air-launched flight vehicle. It is manufactured to protect U.S. fighters and bombers from modern netted air defenses.

    The Boeing Company (NYSE: BA)

    The Boeing Company (NYSE: BA) Shares headed falling, lower as much as -2.26%. The most recent rating by Wolfe Research, on July 16, 2020, is at an Underperform. The Boeing Company’s 737 MAX jetliner has received the all-clear from Canadian Aviation Regulator Transport Canada. Boeing’s 737 MAX has been stopped services since mid-March 2019 after 346 people lost their lives in two fatal crashes within six months. The test result after Transport Canada Inspection raised hopes returning the jet to service. Boeing’s total market capitalization remained high, hitting $96.10 billion.

    Hexcel Corporation (NYSE: HXL)

    Hexcel Corporation (NYSE: HXL) stock drop by -5.02% to $39.39. The most recent rating by RBC Capital Mkts, on August 04, 2020, is at a Sector perform. Hexcel Corporation has reported the 2020 Q2 results. It has recorded net sales of $378.7 million and adjusted diluted EPS of $0.08 per share. As per the reports company’s second Gross margin for the Q2 was 14.5% compared to 27.7% in the prior-year period.

    AgEagle Aerial Systems Inc. (AMEX: UAVS)

    AgEagle Aerial Systems Inc. (AMEX: UAVS) shares were trading up 23.02% at $3.10 at the time of writing on Monday. AgEagle Aerial Systems Inc. (AMEX: UAVS) share price went from a low point around $0.19 to briefly over $5.15 in the past 52 weeks, though shares have since pulled back to $3.10. UAVS market cap has remained high, hitting $176.05M at the time of writing, giving it a price-to-sales ratio of more than 290.

    Virgin Galactic Holdings Inc. (NYSE: SPCE)

    Virgin Galactic Holdings Inc. (NYSE: SPCE) last closed at $17.90, in a 52-week range of $6.90 to $42.49. Analysts have a consensus price target of $27.00.

    Smith & Wesson Brands Inc. (NASDAQ: SWBI)

    Smith & Wesson Brands Inc. (NASDAQ: SWBI) stock soar by 1.19% to $18.26. The most recent rating by Cowen, on August 25, 2020, is at an Outperform.

    L3Harris Technologies Inc. (NYSE: LHX)

    L3Harris Technologies Inc. (NYSE: LHX) Shares headed rising, higher as much as 0.47%. The most recent rating by The Benchmark Company, on August 03, 2020, is at a Buy.

    Huntington Ingalls Industries Inc. (NYSE: HII)

    Huntington Ingalls Industries Inc. (NYSE: HII) fall -0.62% after losing more than -$0.94 on Monday. This company has a 52-weeks low and high range of $147.14-$279.71, respectively. It has moved up 2.98% from its 52-weeks low and moved down -45.83% from its 52-weeks high. HII has a total market capitalization of 6.17 billion.

    Textron Inc. (NYSE: TXT)

    Textron Inc. (NYSE: TXT) fall -1.35% after losing more than -$0.54 on Monday. It has a day low and a high range of $39.25-$40.00, respectively. Looking at its liquidity, it has a current ratio of 2.00. Its quick ratio is 1.00. Textron Inc.’s market capitalization has remained high, hitting 8.85 billion.

    Triumph Group Inc. (NYSE: TGI)

    Triumph Group Inc. (NYSE: TGI) fall -3.21% after losing more than -$0.24 on Monday. Triumph Group has recorded the 52-weeks low and high range of $3.02-$29.38, respectively. It has moved up 139.40% from ist 52-weeks low and moved down -75.39% from its 52-weeks low.

    Spirit AeroSystems Holdings Inc. (NYSE: SPR)

    Spirit AeroSystems Holdings Inc. (NYSE: SPR) last closed at $20.56, in a 52-week range of $13.69 to $92.81. Analysts have a consensus price target of $22.19. Looking at its liquidity, it has a current ratio of 2.70. Its quick ratio is 1.90. Spirit AeroSystems has a total market capitalization of 2.14 billion.