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Although this leading drone solutions provider’s strategic acquisition of award-winning aerial intelligence solutions company, Measure, has helped improve its revenue in its last reported quarter, its high operational losses have reduced investor interest in the stock. The stock is currently trading below its $3.05 and $5.55 respective 50-day and 200-day moving averages, which indicates a downtrend.
In addition, the company’s share issuances to fund its growth could be worrisome for investors.
