AYRO (NASDAQ:AYRO) Trading Down 2.7% – What’s Next?

AYRO, Inc. (NASDAQ:AYROGet Free Report) shares were down 2.7% on Tuesday . The company traded as low as $1.64 and last traded at $1.78. Approximately 44,234 shares traded hands during trading, a decline of 47% from the average daily volume of 83,213 shares. The stock had previously closed at $1.83.

AYRO Price Performance

The stock’s 50-day moving average price is $2.53 and its 200-day moving average price is $3.48. The company has a market cap of $1.39 million, a P/E ratio of -0.06 and a beta of 3.34.

AYRO Company Profile

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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.

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