Aurrigo International (LON:AURR) Stock Price Crosses Below 50-Day Moving Average – What’s Next?

Aurrigo International plc (LON:AURRGet Free Report) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 69.43 and traded as low as GBX 67. Aurrigo International shares last traded at GBX 75, with a volume of 15,297 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 175 target price on shares of Aurrigo International in a research note on Thursday, June 4th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 175.

Read Our Latest Research Report on AURR

Aurrigo International Trading Down 2.6%

The company has a market cap of £61.81 million, a P/E ratio of -11.53 and a beta of 0.28. The company has a quick ratio of 2.49, a current ratio of 7.27 and a debt-to-equity ratio of 0.36. The firm’s 50-day moving average price is GBX 69.45 and its 200-day moving average price is GBX 77.16.

Aurrigo International (LON:AURRGet Free Report) last released its quarterly earnings data on Thursday, June 4th. The company reported GBX (0.04) earnings per share for the quarter. Aurrigo International had a negative net margin of 48.74% and a negative return on equity of 25.73%. The business had revenue of GBX 800 million during the quarter.

Aurrigo International Company Profile

(Get Free Report)

Aurrigo is the future of first and last mile transportation for airport baggage/cargo and passenger vehicle applications. Aurrigo’s Self-Driving / autonomous Auto-Dolly, Auto-DollyTug and Auto-Cargo provide airports with a new way to move baggage and cargo around, reducing costs, improving efficiency and decreasing environmental impact and accidents.

Aurrigo’s Self-Driving passenger vehicles provide mobility within urban areas, shopping malls, airports, university campuses, science parks and other areas that are poorly served by traditional transport providers.

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