Aurrigo International (LON:AURR) Issues Quarterly Earnings Results

Aurrigo International (LON:AURR) posted 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 net margin of 48.74% and a negative return on equity of 25.73%.

Aurrigo International Price Performance

Shares of Aurrigo International stock traded down GBX 6.50 on Wednesday, hitting GBX 115. The company had a trading volume of 67,875 shares, compared to its average volume of 59,522. Aurrigo International has a 52 week low of GBX 40.10 and a 52 week high of GBX 125. The company has a market cap of £102.78 million, a PE ratio of -19.17 and a beta of 0.30. The business has a 50-day simple moving average of GBX 86.45 and a 200-day simple moving average of GBX 79.13. The company has a debt-to-equity ratio of 0.36, a current ratio of 7.27 and a quick ratio of 2.49.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 175 target price on shares of Aurrigo International in a research note on Wednesday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 175.

Aurrigo International Company Profile

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.