AgEagle (UAVS) Stock Reached Monthly Peak, Recovering From Pandemic Situation

In the last trading session, AgEagle Aerial Systems (UAVS) stock demonstrated a great increase in stock from $5.30 to $5.75. Moreover, during the last month stock surged from $5.02 with a minimum value of $4.05.AgEagle (UAVS) Stock Reached Monthly Peak, Recovering From Pandemic SituationAgEagle (UAVS) a leading provider of drones, today announced that, on May 25, 2021, it has entered into an on-market sale agreement with Stifel and Raymond James, under which UAVS may sell its common stock for up to $ 100 million in total sales revenue in “on-market” transactions, what led to a sharp rise in shares.

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While the firm is still working on old projects and has not disclosed any innovations, its price is steadily rising. Investors should keep an eye on the firm’s fresh reports, which are expected to excite the stock.

Jack Dawkins

Finance and Tech Contributor