Aurrigo International (LON:AURR) Reaches New 1-Year High – Still a Buy?

Shares of Aurrigo International plc (LON:AURR) hit a new 52-week high on Wednesday . The company traded as high as GBX 95 and last traded at GBX 91.78, with a volume of 34172 shares changing hands. The stock had previously closed at GBX 92.50.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated 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 analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 175.

Aurrigo International Stock Up 3.6%

The firm has a 50-day simple moving average of GBX 73.64 and a 200 day simple moving average of GBX 76.33. The company has a market capitalization of £89.37 million, a PE ratio of -16.67 and a beta of 0.28. The company has a debt-to-equity ratio of 0.36, a current ratio of 7.27 and a quick ratio of 2.49.

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

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.