Robo.ai (NASDAQ:AIIO) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Robo.ai (NASDAQ:AIIO) from a sell rating to a hold rating in a research report released on Saturday morning,Wall Street Zen reports.

Separately, Weiss Ratings raised shares of Robo.ai from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, October 21st. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Robo.ai Trading Up 2.8%

Shares of NASDAQ:AIIO opened at $0.58 on Friday. Robo.ai has a 1 year low of $0.54 and a 1 year high of $22.00. The stock has a 50-day simple moving average of $1.59 and a 200-day simple moving average of $2.63.

Robo.ai shares are going to reverse split on Friday, November 6th. The 1-25 reverse split was announced on Friday, October 16th. The number of shares owned by shareholders will be adjusted after the market closes on Friday, November 6th.

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