Robo.ai (NASDAQ:AIIO) Downgraded by Wall Street Zen to “Sell”

Wall Street Zen cut shares of Robo.ai (NASDAQ:AIIO – Free Report) from a hold rating to a sell rating in a research report report published on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings cut shares of Robo.ai from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Read Our Latest Stock Analysis on Robo.ai

Robo.ai Stock Down 9.9%

Shares of AIIO opened at $9.01 on Friday. The company has a 50 day moving average price of $34.42 and a 200-day moving average price of $60.79. Robo.ai has a fifty-two week low of $7.50 and a fifty-two week high of $515.00.

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