Exro Technologies (OTCMKTS:EXROF) Rating Increased to Strong Sell at National Bank Financial

Exro Technologies (OTCMKTS:EXROF) was upgraded by National Bank Financial to a “strong sell” rating in a research note issued to investors on Sunday,Zacks.com reports.

A number of other research analysts also recently issued reports on the stock. Atb Cap Markets downgraded shares of Exro Technologies from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, April 1st. National Bankshares restated an “underperform” rating on shares of Exro Technologies in a research report on Tuesday, May 20th. Finally, ATB Capital downgraded shares of Exro Technologies to a “sector perform” rating in a research report on Wednesday, April 2nd. Two research analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Exro Technologies Trading Down 1.2%

EXROF opened at $0.07 on Friday. Exro Technologies has a fifty-two week low of $0.04 and a fifty-two week high of $0.57. The company has a debt-to-equity ratio of 2.22, a current ratio of 1.19 and a quick ratio of 0.54. The firm has a market capitalization of $36.00 million, a price-to-earnings ratio of -0.13 and a beta of 0.53. The company’s 50 day moving average price is $0.08 and its two-hundred day moving average price is $0.08.

Exro Technologies (OTCMKTS:EXROF) last issued its quarterly earnings results on Thursday, May 15th. The company reported ($0.03) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.03). Exro Technologies had a negative net margin of 1,533.73% and a negative return on equity of 83.07%. As a group, research analysts predict that Exro Technologies will post -0.14 earnings per share for the current year.

About Exro Technologies

Exro Technologies Inc focuses on developing generation power-control electronics in Canada. The company offers Exro Coil Driver, which allows the motor to switch between different operational profiles in real-time, as well as have multiple gears for scooters, electric bikes, recreational, light electric cars, motorcycles, fleet vans, electric buses, passenger vehicles, long-haul trucks, and industrial vehicles markets; and Exro Cell Driver, a stationary energy storage system for commercial and industrial energy storage applications.