AYRO (NASDAQ:AYRO) Stock Falls 7.6% – Here’s What Happened

AYRO, Inc. (NASDAQ:AYRO – Get Free Report) dropped 7.6% during trading on Friday. The company traded as low as $2.06 and last traded at $2.06. Approximately 76,206 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 187,031 shares. The stock had previously closed at $2.23.

AYRO Price Performance

The company has a market cap of $1.39 million, a PE ratio of -0.06 and a beta of 3.34. The company’s 50 day simple moving average is $2.42 and its two-hundred day simple moving average is $3.04.

AYRO Company Profile

(Get Free Report)

AYRO, Inc is an electric vehicle company headquartered in Round Rock, Texas. The company develops and commercializes low-speed electric vehicles designed for short-distance transportation, commercial use and specialized mobility applications.

AYRO’s product portfolio has included the AYRO Vanish, a configurable electric vehicle platform intended for uses such as campus transportation, hospitality, retail, food and beverage service, delivery, public safety and other commercial applications.

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