Aurrigo International (LON:AURR) Stock Price Up 1.5% – Here’s Why

Aurrigo International plc (LON:AURR)’s share price shot up 1.5% during trading on Friday . The stock traded as high as GBX 70 and last traded at GBX 69.50. Approximately 2,757 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 49,414 shares. The stock had previously closed at GBX 68.50.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “speculative buy” rating and set a GBX 175 price target on shares of Aurrigo International in a research report on Thursday, June 4th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of GBX 175.

Aurrigo International Stock Up 1.5%

The company has a quick ratio of 2.49, a current ratio of 7.27 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of £62.11 million, a PE ratio of -11.58 and a beta of 0.29. The business’s 50-day moving average price is GBX 70.19 and its 200-day moving average price is GBX 78.27.

Aurrigo International (LON:AURR) last announced its quarterly earnings data on Thursday, June 4th. The company reported GBX (0.04) EPS for the quarter. The company had revenue of GBX 800 million for the quarter. Aurrigo International had a negative net margin of 48.74% and a negative return on equity of 25.73%.

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.