AYRO, Inc. (NASDAQ:AYRO – Get Free Report) shares dropped 3.4% during mid-day trading on Monday . The stock traded as low as $2.52 and last traded at $2.53. Approximately 107,062 shares changed hands during mid-day trading, a decline of 43% from the average session volume of 187,031 shares. The stock had previously closed at $2.62.
AYRO Stock Down 3.4%
The stock’s 50-day simple moving average is $3.77 and its 200 day simple moving average is $3.11. The company has a market cap of $1.71 million, a price-to-earnings ratio of -0.07 and a beta of 3.34.
About AYRO
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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