Canaccord Genuity Group Reaffirms “Speculative Buy” Rating for Aurrigo International (LON:AURR)

Aurrigo International (LON:AURR)‘s stock had its “speculative buy” rating reaffirmed by Canaccord Genuity Group in a research note issued to investors on Wednesday, September 23rd, Digital Look reports. They presently have a GBX 175 price target on the stock. Canaccord Genuity Group’s price target would suggest a potential upside of 50.17% from the company’s previous close.

Aurrigo International Stock Up 0.0%

AURR traded up GBX 0.04 during trading on Wednesday, hitting GBX 116.53. 4,063 shares of the company’s stock traded hands, compared to its average volume of 59,460. The stock has a market capitalization of £104.15 million, a price-to-earnings ratio of -19.42 and a beta of 0.30. The company’s 50 day simple moving average is GBX 91.37 and its two-hundred day simple moving average is GBX 80.15. Aurrigo International has a 12-month low of GBX 41 and a 12-month high of GBX 125. 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 announced its quarterly earnings results on Wednesday, September 23rd. The company reported GBX (4) earnings per share (EPS) for the quarter. Aurrigo International had a negative net margin of 65.03% and a negative return on equity of 29.78%.

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.