Drone Aviation (OTCMKTS:DRNE) Shares Cross Above Fifty Day Moving Average – Time to Sell?

Drone Aviation Holding Corp (OTCMKTS:DRNE) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $1.15 and traded as high as $1.20. Drone Aviation shares last traded at $1.15, with a volume of 48,300 shares changing hands.

Drone Aviation Price Performance

The firm has a 50-day moving average of $1.15 and a 200-day moving average of $1.15.

About Drone Aviation

Drone Aviation (OTCMKTS: DRNE) is a U.S.-based company that designs, manufactures and integrates small unmanned aerial systems (sUAS) for defense, public safety and commercial markets. The company’s core capabilities span aircraft platform development, mission-specific payload design and ground control station integration, allowing end users to deploy turnkey drone solutions for reconnaissance, inspection and surveillance tasks.

In addition to hardware offerings, Drone Aviation provides comprehensive services that include operator training, field support, maintenance programs and system upgrades.