Fabric.AI, Inc. Common Stock (NASDAQ:FABC) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Fabric.AI, Inc. Common Stock (NASDAQ:FABC) from a strong sell rating to a sell rating in a research report sent to investors on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Fabric.AI, Inc. Common Stock in a research note on Thursday, October 15th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Fabric.AI, Inc. Common Stock Stock Up 6.9%

Shares of NASDAQ FABC opened at $1.70 on Friday. The firm’s 50-day moving average is $2.21 and its two-hundred day moving average is $2.82. Fabric.AI, Inc. Common Stock has a 12-month low of $1.43 and a 12-month high of $6.28.

Fabric.AI, Inc. Common Stock (NASDAQ:FABC) last issued its quarterly earnings data on Friday, August 14th. The company reported ($3.52) earnings per share for the quarter.

Institutional Investors Weigh In On Fabric.AI, Inc. Common Stock

A hedge fund recently raised its stake in Fabric.AI, Inc. Common Stock stock. T3 Companies LLC increased its holdings in Fabric.AI, Inc. Common Stock (NASDAQ:FABC) by 40.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,925 shares of the company’s stock after purchasing an additional 17,125 shares during the period. T3 Companies LLC owned 0.86% of Fabric.AI, Inc. Common Stock worth $137,000 as of its most recent SEC filing. Institutional investors and hedge funds own 5.65% of the company’s stock.

About Fabric.AI, Inc. Common Stock

Ayro, Inc designs and manufactures electric vehicles for closed campus mobility, urban and community transport, local on-demand and last mile delivery, and government use. The company provides four-wheeled purpose-built electric vehicles for universities, business and medical campuses, last mile delivery services, and food service providers. It also offers AYRO vehicles to internal combustion engine vehicles for light duty uses, including low-speed logistics, maintenance, and cargo services; and Club Car 411 for low-speed logistics and cargo services for campus.