Aurrigo International (LON:AURR) Shares Down 1% – Here’s Why

Aurrigo International plc (LON:AURR) dropped 1% during mid-day trading on Wednesday. The company traded as low as GBX 95 and last traded at GBX 96.50. 17,824 shares were traded during trading, a decline of 83% from the average session volume of 104,589 shares. The stock had previously closed at GBX 97.50.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reiterated a “speculative buy” rating and set a GBX 175 target price on shares of Aurrigo International in a report on Wednesday, September 23rd. One research analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of GBX 175.

Aurrigo International Price Performance

The company has a market cap of £86.24 million, a price-to-earnings ratio of -13.79 and a beta of 0.30. The company has a quick ratio of 2.49, a current ratio of 4.33 and a debt-to-equity ratio of 27.74. The company’s fifty day moving average price is GBX 114.20 and its two-hundred day moving average price is GBX 86.71.

Aurrigo International (LON:AURR) last issued its quarterly earnings data on Wednesday, September 23rd. The company reported GBX (4) EPS for the quarter. Aurrigo International had a negative return on equity of 29.78% and a negative net margin of 65.03%.

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.