My stock market value
$32.00
| Today‘s return | +$0.42 (+1.33%) | |
| Total return | -$219.41 (-87.27%) |
Shares 100
| Portfolio diversity | 0.86% |
AgEagle
Aerial Systems, Inc. engages in the design and manufacture of drones
for commercial use. The firm also enables the capturing, imaging,
editing, and analyzing of images and data captured by drones and intends
on using commercial drones to be used for delivery services of goods.
It offers contract manufacturing, drone solutions, and agriculture
solutions. The company was founded on March 31, 1999 and is
headquartered in Wichita, KS (. The listed name for UAVS is AgEagle Aerial
Systems, Inc. City Hall Wichita, Kansas
AgEagle Aerial Systems (UAVS) has 1 split in our AgEagle Aerial Systems stock split history
database. The split for UAVS took place on March 27, 2018. This was a
1 for 25 reverse split, meaning for each 25 shares of UAVS owned
pre-split, the shareholder now owned 1 share. For example, a 1000 share
position pre-split, became a 40 share position following the split.
When a company such as AgEagle Aerial Systems conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the AgEagle Aerial Systems stock split history from start to finish, an original position size of 1000 shares would have turned into 40 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into AgEagle Aerial Systems shares, starting with a $10,000 purchase of UAVS, presented on a split-history-adjusted basis factoring in the complete AgEagle Aerial Systems stock split history.
Start date: 01/02/2013
End date: 12/29/2022
Start price/share: $12.50
End price/share: $0.32
Dividends collected/share: $0.00
Total return: -97.44%
Average Annual Total Return: -30.70%
Starting investment: $10,000.00
Ending investment: $255.98
Years: 9.99
No comments:
Post a Comment