Fabric.AI, Inc. Common Stock (NASDAQ:FABC) Stock Rating Lowered by Wall Street Zen

Fabric.AI, Inc. Common Stock (NASDAQ:FABC) was downgraded by equities researchers at Wall Street Zen from a “sell” rating to a “strong sell” rating in a note issued to investors on Monday, Wall Street Zen reports.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Fabric.AI, Inc. Common Stock in a research report on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Fabric.AI, Inc. Common Stock Price Performance

NASDAQ:FABC opened at $2.18 on Monday. Fabric.AI, Inc. Common Stock has a twelve month low of $1.64 and a twelve month high of $7.85. The stock’s 50-day simple moving average is $2.59 and its 200 day simple moving average is $3.06. The firm has a market capitalization of $15.26 million, a PE ratio of -0.29 and a beta of 2.92.

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

Fabric.AI, Inc. Common Stock Company Profile

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.