AYRO (NASDAQ:AYRO) Shares Down 2.6% – Should You Sell?

AYRO, Inc. (NASDAQ:AYRO)’s stock price traded down 2.6% during mid-day trading on Wednesday . The company traded as low as $2.51 and last traded at $2.64. 99,048 shares were traded during trading, an increase of 19% from the average session volume of 83,213 shares. The stock had previously closed at $2.71.

AYRO Stock Down 2.6%

The stock has a market capitalization of $1.78 million, a P/E ratio of -0.07 and a beta of 3.34. The business has a fifty day moving average price of $2.40 and a 200-day moving average price of $3.15.

AYRO Company Profile

AYRO, Inc, headquartered in Round Rock, Texas, is a manufacturer of low-speed electric vehicles designed for short-distance transport and utility applications. The company specializes in developing battery-electric vehicles (BEVs) tailored to the needs of last-mile delivery, facilities management and campus mobility. AYRO’s product portfolio includes compact commercial cargo vans and utility vehicles that combine zero-emission operation with customizable configurations for urban and industrial environments.

Founded in 2017, AYRO brings together expertise in automotive engineering, battery technology and modular vehicle design to serve a growing market for sustainable transportation solutions.