Swarmer (NASDAQ:SWMR) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Swarmer (NASDAQ:SWMRFree Report) from a strong sell rating to a sell rating in a report issued on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings upgraded Swarmer from a “sell (e-)” rating to a “sell (e)” rating in a research report on Tuesday, September 1st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

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Swarmer Stock Performance

SWMR stock opened at $32.16 on Friday. Swarmer has a 52-week low of $11.25 and a 52-week high of $83.30. The stock has a market cap of $512.63 million and a price-to-earnings ratio of -44.05. The stock’s 50-day moving average price is $38.41.

Swarmer (NASDAQ:SWMRGet Free Report) last announced its quarterly earnings results on Thursday, August 13th. The company reported ($0.45) earnings per share for the quarter. The company had revenue of $0.22 million during the quarter.

Hedge Funds Weigh In On Swarmer

An institutional investor recently bought a new position in Swarmer stock. IFP Advisors Inc bought a new stake in Swarmer Inc (NASDAQ:SWMRFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 936 shares of the company’s stock, valued at approximately $41,000.

About Swarmer

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Swarmer, Inc is a technology company focused on autonomous drone operations and coordinated unmanned aerial systems. Its software is designed to help operators plan, manage and execute missions involving multiple drones, with the aim of improving efficiency, scalability and situational awareness.

The company’s platform supports drone-swarm coordination, including mission planning, real-time communication and autonomous collaboration among unmanned aircraft. Swarmer’s technology is intended for defense, security and other applications that require the deployment of multiple drones under centralized human supervision.

Swarmer’s public materials primarily position the company within the emerging defense and autonomous-systems markets.

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