Fabric.AI, Inc. Common Stock (NASDAQ:FABC) Upgraded by Wall Street Zen to Sell Rating

Wall Street Zen upgraded shares of Fabric.AI, Inc. Common Stock (NASDAQ:FABC) from a strong sell rating to a sell rating in a research report released on Sunday morning,Wall Street Zen reports.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Fabric.AI, Inc. Common Stock in a report on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Fabric.AI, Inc. Common Stock has an average rating of “Sell”.

Fabric.AI, Inc. Common Stock Stock Performance

Fabric.AI, Inc. Common Stock stock opened at $2.43 on Friday. Fabric.AI, Inc. Common Stock has a 1 year low of $1.64 and a 1 year high of $7.85. The company has a market cap of $17.01 million, a PE ratio of -0.33 and a beta of 2.92. The company’s 50-day moving average is $2.66 and its two-hundred day moving average is $3.07.

Fabric.AI, Inc. Common Stock (NASDAQ:FABC) last issued its earnings results on Friday, August 14th. The company reported ($3.52) earnings per share (EPS) for the quarter.

Hedge Funds Weigh In On Fabric.AI, Inc. Common Stock

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Certuity LLC acquired a new position in shares of Fabric.AI, Inc. Common Stock during the 3rd quarter worth about $100,000. Virtu Financial LLC acquired a new stake in shares of Fabric.AI, Inc. Common Stock in the 4th quarter valued at approximately $48,000. HRT Financial LP acquired a new stake in shares of Fabric.AI, Inc. Common Stock in the 4th quarter valued at approximately $32,000. Geode Capital Management LLC bought a new position in Fabric.AI, Inc. Common Stock during the 4th quarter worth approximately $25,000. Finally, Jane Street Group LLC bought a new position in Fabric.AI, Inc. Common Stock during the 4th quarter worth approximately $25,000. Institutional investors own 5.65% of the company’s stock.

About Fabric.AI, Inc. Common Stock

Ayro, Inc designs and manufactures electric vehicles for closed campus mobility, urban and community transport, local on-demand and last mile delivery, and government use. The company provides four-wheeled purpose-built electric vehicles for universities, business and medical campuses, last mile delivery services, and food service providers. It also offers AYRO vehicles to internal combustion engine vehicles for light duty uses, including low-speed logistics, maintenance, and cargo services; and Club Car 411 for low-speed logistics and cargo services for campus.