Exro Technologies (OTCMKTS:EXROF) Upgraded to “Strong Sell” at National Bank Financial

National Bank Financial upgraded shares of Exro Technologies (OTCMKTS:EXROF) to a strong sell rating in a research report released on Sunday morning,Zacks.com reports.

Several other brokerages have also issued reports on EXROF. National Bankshares reiterated an “underperform” rating on shares of Exro Technologies in a research note on Tuesday, May 20th. Atb Cap Markets cut shares of Exro Technologies from a “moderate buy” rating to a “hold” rating in a report on Tuesday, April 1st. Finally, ATB Capital downgraded shares of Exro Technologies to a “sector perform” rating in a research note on Wednesday, April 2nd. Two analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Exro Technologies Stock Down 1.2%

Shares of OTCMKTS:EXROF opened at $0.07 on Friday. The firm has a market capitalization of $36.00 million, a P/E ratio of -0.13 and a beta of 0.53. The company has a debt-to-equity ratio of 2.22, a quick ratio of 0.54 and a current ratio of 1.19. The stock has a 50 day moving average price of $0.08 and a 200-day moving average price of $0.08. Exro Technologies has a 52-week low of $0.04 and a 52-week high of $0.57.

Exro Technologies (OTCMKTS:EXROF) last issued its quarterly earnings results on Thursday, May 15th. The company reported ($0.03) earnings per share for the quarter, hitting the consensus estimate of ($0.03). Exro Technologies had a negative return on equity of 83.07% and a negative net margin of 1,533.73%. As a group, equities research analysts anticipate that Exro Technologies will post -0.14 EPS for the current fiscal year.

Exro Technologies Company Profile

Exro Technologies Inc focuses on developing generation power-control electronics in Canada. The company offers Exro Coil Driver, which allows the motor to switch between different operational profiles in real-time, as well as have multiple gears for scooters, electric bikes, recreational, light electric cars, motorcycles, fleet vans, electric buses, passenger vehicles, long-haul trucks, and industrial vehicles markets; and Exro Cell Driver, a stationary energy storage system for commercial and industrial energy storage applications.