Aurrigo International (LON:AURR) Hits New 52-Week High – Here’s What Happened

Aurrigo International plc (LON:AURR)’s stock price hit a new 52-week high during mid-day trading on Tuesday. The company traded as high as GBX 125 and last traded at GBX 122, with a volume of 10976473 shares traded. The stock had previously closed at GBX 115.50.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a “speculative buy” rating and issued a GBX 175 target price on shares of Aurrigo International in a research report on Wednesday, September 23rd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of GBX 175.

Aurrigo International Trading Up 5.6%

The firm has a market cap of £109.03 million, a P/E ratio of -20.33 and a beta of 0.30. The business’s 50-day moving average is GBX 95.19 and its two-hundred day moving average is GBX 81. The company has a current ratio of 4.33, a quick ratio of 2.49 and a debt-to-equity ratio of 27.74.

Aurrigo International (LON:AURR) last issued its earnings results on Wednesday, September 23rd. The company reported GBX (4) EPS for the quarter. Aurrigo International had a negative net margin of 65.03% and a negative return on equity of 29.78%.

Aurrigo International Company Profile

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.