Aurrigo International (LON:AURR) Trading 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. 2,757 shares were traded 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 Analyst Weigh In

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, June 4th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 175.

Aurrigo International Stock Performance

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

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.