Aurrigo International (LON:AURR) Announces Quarterly Earnings Results

Aurrigo International (LON:AURR) posted its quarterly earnings results on Monday. The company reported GBX (3) (($0.04)) earnings per share for the quarter, Digital Look Earnings reports. Aurrigo International had a negative return on equity of 43.23% and a negative net margin of 47.19%.

Aurrigo International Price Performance

LON:AURR opened at GBX 62 ($0.83) on Tuesday. The firm has a market cap of £28.42 million, a price-to-earnings ratio of -8.11 and a beta of -1.03. The company has a current ratio of 2.43, a quick ratio of 2.49 and a debt-to-equity ratio of 4.04. The company’s 50-day moving average is GBX 53.43 and its two-hundred day moving average is GBX 50.79. Aurrigo International has a 12-month low of GBX 40.24 ($0.54) and a 12-month high of GBX 104.90 ($1.40).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating and set a GBX 135 ($1.80) price target on shares of Aurrigo International in a research note on Monday.

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.