Aurrigo International (LON:AURR) Stock Price Crosses Below 50 Day Moving Average – Should You Sell?

Aurrigo International plc (LON:AURR) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 69.90 and traded as low as GBX 67.45. Aurrigo International shares last traded at GBX 67.45, with a volume of 9,514 shares traded.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a “speculative buy” rating and set a GBX 175 price objective on shares of Aurrigo International in a research note on Thursday, June 4th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Aurrigo International has a consensus rating of “Buy” and an average target price of GBX 175.

Aurrigo International Trading Down 1.5%

The stock has a market capitalization of £60.28 million, a P/E ratio of -11.24 and a beta of 0.29. The company has a current ratio of 7.27, a quick ratio of 2.49 and a debt-to-equity ratio of 0.36. The company has a 50-day moving average price of GBX 69.90 and a 200 day moving average price of GBX 77.78.

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

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.