AYRO (NASDAQ:AYRO) Shares Down 5.6% – Here’s Why

AYRO, Inc. (NASDAQ:AYROGet Free Report)’s share price was down 5.6% during trading on Tuesday . The company traded as low as $4.90 and last traded at $5.05. Approximately 882,524 shares traded hands during mid-day trading, an increase of 372% from the average daily volume of 187,031 shares. The stock had previously closed at $5.35.

AYRO Stock Down 2.0%

The stock has a 50 day simple moving average of $3.39 and a 200 day simple moving average of $3.05. The stock has a market cap of $3.34 million, a price-to-earnings ratio of -0.13 and a beta of 3.34.

About AYRO

(Get Free Report)

AYRO, Inc, headquartered in Round Rock, Texas, is a manufacturer of low-speed electric vehicles designed for short-distance transport and utility applications. The company specializes in developing battery-electric vehicles (BEVs) tailored to the needs of last-mile delivery, facilities management and campus mobility. AYRO’s product portfolio includes compact commercial cargo vans and utility vehicles that combine zero-emission operation with customizable configurations for urban and industrial environments.

Founded in 2017, AYRO brings together expertise in automotive engineering, battery technology and modular vehicle design to serve a growing market for sustainable transportation solutions.

Featured Articles

Receive News & Ratings for AYRO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AYRO and related companies with MarketBeat.com's FREE daily email newsletter.