Aurrigo International (LON:AURR) Releases Quarterly Earnings Results

Aurrigo International (LON:AURR) posted its quarterly earnings results on Thursday. The company reported GBX (0.04) EPS for the quarter, Digital Look Earnings reports. The business had revenue of GBX 800 million during the quarter. Aurrigo International had a negative net margin of 34.45% and a negative return on equity of 30.28%.

Aurrigo International Stock Performance

LON:AURR opened at GBX 72.50 on Friday. The company has a 50-day moving average price of GBX 75.49 and a 200-day moving average price of GBX 79.58. Aurrigo International has a 12 month low of GBX 36 and a 12 month high of GBX 104.95. The company has a current ratio of 2.57, a quick ratio of 2.49 and a debt-to-equity ratio of 4.58. The stock has a market cap of £64.79 million, a price-to-earnings ratio of -14.50 and a beta of 0.27.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “speculative buy” rating and issued a GBX 175 price target on shares of Aurrigo International in a report on Thursday. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 175.

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.