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

Aurrigo International plc (LON:AURR)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 95 and last traded at GBX 91.78, with a volume of 34172 shares traded. The stock had previously closed at GBX 92.50.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 175 price objective on shares of Aurrigo International in a research note on Thursday, June 4th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Aurrigo International currently has an average rating of “Buy” and an average target price of GBX 175.

Aurrigo International Trading Down 0.8%

The stock has a market capitalization of £82.02 million, a P/E ratio of -15.30 and a beta of 0.28. The business has a 50 day simple moving average of GBX 72.62 and a 200-day simple moving average of GBX 76.28. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.49 and a current ratio of 7.27.

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

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.