Aurrigo International (LON:AURR) Earns “Speculative Buy” Rating from Canaccord Genuity Group

Aurrigo International (LON:AURR)‘s stock had its “speculative buy” rating reissued by analysts at Canaccord Genuity Group in a report issued on Wednesday, Digital Look reports. They presently have a GBX 175 target price on the stock. Canaccord Genuity Group’s price objective would suggest a potential upside of 44.99% from the company’s current price.

Aurrigo International Price Performance

LON:AURR opened at GBX 120.70 on Wednesday. The business’s 50-day simple moving average is GBX 86.45 and its two-hundred day simple moving average is GBX 79.13. The stock has a market cap of £107.87 million, a PE ratio of -20.12 and a beta of 0.30. Aurrigo International has a 52 week low of GBX 40.10 and a 52 week high of GBX 125. The company has a quick ratio of 2.49, a current ratio of 7.27 and a debt-to-equity ratio of 0.36.

Aurrigo International (LON:AURR) last posted its quarterly earnings results on Wednesday, September 23rd. The company reported GBX (4) EPS for the quarter. Aurrigo International had a negative return on equity of 25.73% and a negative net margin of 48.74%.

About Aurrigo International

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.