Aurrigo International (LON:AURR) Shares Cross Below Fifty Day Moving Average – What’s Next?

Aurrigo International plc (LON:AURR) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 46.36 ($0.58) and traded as low as GBX 45.35 ($0.57). Aurrigo International shares last traded at GBX 45.35 ($0.57), with a volume of 997 shares.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group lowered their target price on Aurrigo International from GBX 165 ($2.08) to GBX 135 ($1.70) and set a “speculative buy” rating for the company in a research note on Tuesday, January 7th.

Aurrigo International Price Performance

The company has a market capitalization of £21.78 million, a P/E ratio of -6.21 and a beta of -1.03. The company has a current ratio of 2.43, a quick ratio of 2.49 and a debt-to-equity ratio of 4.04. The stock’s fifty day moving average is GBX 46.36 and its 200 day moving average is GBX 61.77.

Aurrigo International Company Profile

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.