Fabric.AI, Inc. Common Stock (NASDAQ:FABC) Downgraded by Wall Street Zen to Strong Sell

Wall Street Zen lowered shares of Fabric.AI, Inc. Common Stock (NASDAQ:FABC) from a sell rating to a strong sell rating in a report issued on Monday,Wall Street Zen reports.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Fabric.AI, Inc. Common Stock in a research note on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Fabric.AI, Inc. Common Stock has a consensus rating of “Sell”.

Fabric.AI, Inc. Common Stock Stock Up 2.3%

Shares of NASDAQ FABC opened at $2.18 on Monday. Fabric.AI, Inc. Common Stock has a 12-month low of $1.64 and a 12-month high of $7.85. The firm’s 50-day simple moving average is $2.60 and its 200 day simple moving average is $3.06. The company has a market cap of $15.26 million, a price-to-earnings ratio of -0.29 and a beta of 2.92.

Fabric.AI, Inc. Common Stock (NASDAQ:FABC) last posted its quarterly earnings data on Friday, August 14th. The company reported ($3.52) earnings per share for the quarter.

About Fabric.AI, Inc. Common Stock

Ayro, Inc designs and manufactures electric vehicles for closed campus mobility, urban and community transport, local on-demand and last mile delivery, and government use. The company provides four-wheeled purpose-built electric vehicles for universities, business and medical campuses, last mile delivery services, and food service providers. It also offers AYRO vehicles to internal combustion engine vehicles for light duty uses, including low-speed logistics, maintenance, and cargo services; and Club Car 411 for low-speed logistics and cargo services for campus.