Ayro, Inc. (NASDAQ:AYRO – Get Rating) shares dropped 4.4% during trading on Wednesday . The stock traded as low as $0.57 and last traded at $0.58. Approximately 31,079 shares changed hands during trading, a decline of 74% from the average daily volume of 118,548 shares. The stock had previously closed at $0.61.
Ayro Trading Down 7.6 %
The company’s fifty day moving average is $0.56 and its 200 day moving average is $0.58.
Ayro (NASDAQ:AYRO – Get Rating) last announced its quarterly earnings results on Thursday, March 23rd. The company reported ($0.18) EPS for the quarter. The firm had revenue of $0.61 million during the quarter. Ayro had a negative net margin of 1,147.47% and a negative return on equity of 43.11%. Analysts forecast that Ayro, Inc. will post -0.66 EPS for the current fiscal year.
Hedge Funds Weigh In On Ayro
Ayro Company Profile
AYRO, Inc engages in the design, development, manufacture, and sale of compact electric fleet solutions for use within urban and short-haul markets. It offers the AYRO 311 and Club Car 411 models. The company was founded on May 19, 2016 and is headquartered in Round Rock, TX.
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