Shares of Drone Delivery Canada Corp. (OTCMKTS:TAKOF – Get Free Report) rose 3.5% during mid-day trading on Tuesday . The company traded as high as $0.38 and last traded at $0.3783. 180,952 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 311,120 shares. The stock had previously closed at $0.3656.
Drone Delivery Canada Stock Performance
The company’s 50-day simple moving average is $0.37 and its 200 day simple moving average is $0.46.
Drone Delivery Canada Company Profile
Drone Delivery Canada Inc (OTCMKTS:TAKOF) is a Canadian technology company that designs, engineers and operates an end-to-end drone logistics network. Founded in 2014 and headquartered in Vaughan, Ontario, the company focuses on delivering mission-critical payloads beyond visual line of sight (BVLOS) over land and water. Its integrated system combines proprietary unmanned aerial vehicles (UAVs), ground-based launch and landing stations (LLS), and a cloud-based operations platform to enable automated parcel transport in areas with limited or no road access.
At the core of Drone Delivery Canada’s offering is its fleet of heavy-lift drones capable of carrying payloads up to 10 kilograms per flight, supported by the High-Speed Aerial Logistics Operating System (HALOS) for route planning, scheduling and airspace management.
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