Aurrigo International (LON:AURR) Issues Quarterly Earnings Results

Aurrigo International (LON:AURR) released its earnings results on Wednesday. The company reported GBX (4) earnings per share 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 Trading Down 0.7%

Shares of Aurrigo International stock opened at GBX 120.70 on Wednesday. The company has a 50-day simple moving average of GBX 86.45 and a 200 day simple moving average of GBX 79.13. Aurrigo International has a 12-month low of GBX 40.10 and a 12-month high of GBX 125. The stock has a market capitalization of £107.87 million, a P/E ratio of -20.12 and a beta of 0.30. The company has a quick ratio of 2.49, a current ratio of 7.27 and a debt-to-equity ratio of 0.36.

Analysts Set New Price Targets

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