Aurrigo International (LON:AURR) Posts Earnings Results

Aurrigo International (LON:AURR) released its quarterly earnings results on Wednesday. The company reported GBX (4) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Aurrigo International had a negative return on equity of 25.73% and a negative net margin of 48.74%.

Aurrigo International Price Performance

Shares of Aurrigo International stock traded down GBX 6.50 during trading hours on Wednesday, hitting GBX 115. The company’s stock had a trading volume of 99,000 shares, compared to its average volume of 59,694. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.49 and a current ratio of 7.27. Aurrigo International has a 12-month low of GBX 40.10 and a 12-month high of GBX 125. The business has a 50 day moving average price of GBX 86.45 and a two-hundred day moving average price of GBX 79.13. The company has a market cap of £102.78 million, a PE ratio of -19.17 and a beta of 0.30.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a “speculative buy” rating and issued a GBX 175 price objective on shares of Aurrigo International in a report on Wednesday. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Aurrigo International has a consensus rating of “Buy” and a consensus target price of GBX 175.

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.