Aurrigo International (LON:AURR) Trading Down 4.5% – Here’s Why

Shares of Aurrigo International plc (LON:AURR) fell 4.5% during trading on Tuesday . The company traded as low as GBX 67.40 and last traded at GBX 67.77. 73,356 shares were traded during mid-day trading, an increase of 85% from the average session volume of 39,744 shares. The stock had previously closed at GBX 71.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group upped their price objective on shares of Aurrigo International from GBX 135 to GBX 175 and gave the stock a “speculative buy” rating in a research note on Thursday, March 26th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Aurrigo International presently has a consensus rating of “Buy” and an average target price of GBX 175.

Aurrigo International Price Performance

The company has a current ratio of 2.57, a quick ratio of 2.49 and a debt-to-equity ratio of 4.58. The firm has a market cap of £62.18 million, a P/E ratio of -13.92 and a beta of 0.41. The firm has a 50-day simple moving average of GBX 82.17 and a 200-day simple moving average of GBX 76.21.

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.