Investors may be looking forward to the weekend, but there are still stocks to discover, and this morning it is quite likely that the UAV Corp (OTC: UMAV) stock is going to get on to the radars of investors. The company was in sharp focus yesterday after it made an announcement with regards to its continued advancements in aerospace technologies.
Technicals
| +/- EMA(20) | 0.0367 (-17.71%) |
| +/- SMA(50) | 0.033 (-8.48%) |
| +/- SMA(200) | 0.014 (+115.71%) |
| 5-Day Perf. | -3.21% |
| 1-Month Perf. | -55.19% |
| 3-Month Perf. | +1108% |
| 6-Month Perf. | +235.56% |
| YTD Perf. | +331.43% |
| 1-Year Perf. | +655% |
| RSI(14) | 46.16 |
| ATR(14) | 0.01 |
| ADX(14) | 37.43 |
| Beta (5Y) | -0.76 |
The Update
In the news release, the company announced that the advancements were taking place in the aerospace technologies efforts thanks to the scheduled arrival of Atlantic Industrial Group Inc. (AIG) at its facility in Florida. Through the collaboration, AIG would work on the installation of a production line that could have the capability of 3D printing technology at the facility. Other capabilities that are going to be added include vacuum panel formation, computational flow testing capabilities, training facilities, and ground-based control centers, among others.
Further Details
The company went on to note that the developments signified a major move in the large-scale production of its T-Wing UAS, its advanced next-generation unmanned aerial vehicle. It was also noted that as part of the collaboration, AIG would lead the pre-production work in relation to the T-Wing UAS.
Technicals
| +/- EMA(20) | 0.0367 (-17.71%) |
| +/- SMA(50) | 0.033 (-8.48%) |
| +/- SMA(200) | 0.014 (+115.71%) |
| 5-Day Perf. | -3.21% |
| 1-Month Perf. | -55.19% |
| 3-Month Perf. | +1108% |
| 6-Month Perf. | +235.56% |
| YTD Perf. | +331.43% |
| 1-Year Perf. | +655% |
| RSI(14) | 46.16 |
| ATR(14) | 0.01 |
| ADX(14) | 37.43 |
| Beta (5Y) | -0.76 |
