Aurrigo International (LON:AURR) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Aurrigo International plc (LON:AURR) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 69.90 and traded as low as GBX 67.45. Aurrigo International shares last traded at GBX 67.45, with a volume of 9,514 shares traded.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 175 price objective on shares of Aurrigo International in a research report on Thursday, June 4th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 175.

Aurrigo International Stock Performance

The company has a 50 day moving average of GBX 69.90 and a two-hundred day moving average of GBX 77.78. The company has a debt-to-equity ratio of 0.36, a current ratio of 7.27 and a quick ratio of 2.49. The company has a market capitalization of £60.28 million, a PE ratio of -11.24 and a beta of 0.29.

Aurrigo International (LON:AURR) last announced its quarterly earnings data on Thursday, June 4th. The company reported GBX (0.04) EPS for the quarter. Aurrigo International had a negative net margin of 48.74% and a negative return on equity of 25.73%. The firm had revenue of GBX 800 million for the quarter.

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.