Ayro (NASDAQ:AYRO) Shares Down 0.8% – Here’s What Happened

Ayro, Inc. (NASDAQ:AYROGet Free Report) traded down 0.8% during mid-day trading on Monday . The company traded as low as $0.77 and last traded at $0.77. 14,067 shares changed hands during trading, a decline of 81% from the average session volume of 75,595 shares. The stock had previously closed at $0.77.

Ayro Price Performance

The business has a 50-day simple moving average of $0.81 and a 200 day simple moving average of $0.93. The firm has a market cap of $3.82 million, a PE ratio of -0.09 and a beta of 3.27.

Ayro (NASDAQ:AYROGet Free Report) last announced its earnings results on Thursday, August 15th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of ($1.34) by $1.48. Ayro had a negative return on equity of 81.74% and a negative net margin of 7,280.18%. On average, equities analysts forecast that Ayro, Inc. will post -5.31 earnings per share for the current fiscal year.

Ayro Company Profile

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Ayro, Inc designs, manufactures, and sells electric vehicles for closed campus mobility, urban and community transport, local on-demand and last mile delivery, and government use in the United States. It provides four-wheeled purpose-built electric vehicles for universities, business and medical campuses, last mile delivery services, and food service providers.

Further Reading

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