Aurrigo International (LON:AURR) Hits New 52-Week High – Here’s Why

Aurrigo International plc (LON:AURR)’s stock price reached a new 52-week high on Thursday . The company traded as high as GBX 95 and last traded at GBX 90.40, with a volume of 80058 shares trading hands. The stock had previously closed at GBX 92.50.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 175 price objective on shares of Aurrigo International in a report on Thursday, June 4th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 175.

Aurrigo International Price Performance

The stock has a fifty day moving average of GBX 70.97 and a two-hundred day moving average of GBX 76.21. The company has a current ratio of 7.27, a quick ratio of 2.49 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of £80.79 million, a price-to-earnings ratio of -15.07 and a beta of 0.28.

Aurrigo International (LON:AURR) last issued its quarterly earnings results on Thursday, June 4th. The company reported GBX (0.04) earnings per share (EPS) for the quarter. Aurrigo International had a negative return on equity of 25.73% and a negative net margin of 48.74%.The company had revenue of GBX 800 million for the quarter.

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.