Ayro (NASDAQ:AYRO) Trading Down 2% – What’s Next?

Ayro, Inc. (NASDAQ:AYROGet Free Report) dropped 2% on Tuesday . The company traded as low as $0.74 and last traded at $0.75. Approximately 16,856 shares were traded during trading, a decline of 77% from the average daily volume of 73,275 shares. The stock had previously closed at $0.77.

Ayro Price Performance

The business has a 50-day moving average of $0.79 and a two-hundred day moving average of $0.87. The company has a market cap of $5.38 million, a P/E ratio of -0.11 and a beta of 3.28.

Ayro (NASDAQ:AYROGet Free Report) last released its quarterly earnings results on Thursday, August 15th. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of ($1.34) by $1.48. Ayro had a negative net margin of 7,280.18% and a negative return on equity of 81.74%.

About Ayro

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Ayro, Inc designs, manufactures, and sells electric vehicles for closed campus mobility, urban and community transport, local on-demand and last mile delivery, and government use in the United States. It provides four-wheeled purpose-built electric vehicles for universities, business and medical campuses, last mile delivery services, and food service providers.

Further Reading

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