Aurrigo International (LON:AURR) Releases Earnings Results

Aurrigo International (LON:AURR) posted its earnings results on Wednesday. The company reported GBX (4) EPS for the quarter, Digital Look Earnings reports. Aurrigo International had a negative return on equity of 29.78% and a negative net margin of 65.03%.

Aurrigo International Price Performance

Shares of LON:AURR traded up GBX 5.40 during trading on Friday, reaching GBX 117.40. 87,384 shares of the company’s stock traded hands, compared to its average volume of 60,126. The company has a quick ratio of 2.49, a current ratio of 4.33 and a debt-to-equity ratio of 27.74. Aurrigo International has a fifty-two week low of GBX 40.80 and a fifty-two week high of GBX 125. The company has a 50-day simple moving average of GBX 88.36 and a 200-day simple moving average of GBX 79.55. The firm has a market cap of £104.92 million, a PE ratio of -19.57 and a beta of 0.30.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 175 price objective on shares of Aurrigo International in a research report on Wednesday. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 175.

About Aurrigo International

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.