AeroVironment Inc. (AVAV) Plunges 5.15%

AeroVironment Inc. (AVAV) had a rough trading day for Wednesday December 04 as shares tumbled 5.15%, or a loss of $-3.33 per share, to close at $61.28. After opening the day at $66.12, shares of AeroVironment Inc. traded as high as $68.35 and as low as $60.24. Volume was 691,198 shares over 10,357 trades, against an average daily volume of n/a shares and a total float of 23.98 million.

As a result of the decline, AeroVironment Inc. now has a market cap of $1.47 billion. In the last year, shares of AeroVironment Inc. have traded between a range of $95.38 and $48.61, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

AeroVironment Inc supplies unmanned aircraft systems, tactical missile systems, and other related services to government agencies (within the United States Department of Defense). The systems can help with security, surveillance, or sensing, and provide “eyes in the sky” without needing an actual person, or driver, in the sky. Additionally, it supplies charging and power-down systems and services for electric vehicles. Commercial, consumer, and government customers help produce sales in the energy space. The company has two operating segments: unmanned aircraft systems and efficient energy systems.

AeroVironment Inc. is based out of Simi Valley, CA and has some 699 employees. Its CEO is Wahid Nawabi.

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