Fabric.AI, Inc. Common Stock (NASDAQ:FABC) Releases Earnings Results

Fabric.AI, Inc. Common Stock (NASDAQ:FABC) issued its quarterly earnings results on Friday. The company reported ($2.42) earnings per share (EPS) for the quarter, FiscalAI reports.

Fabric.AI, Inc. Common Stock Stock Performance

FABC stock opened at $3.82 on Friday. The company has a market capitalization of $5.56 million, a PE ratio of -0.10 and a beta of 2.53. Fabric.AI, Inc. Common Stock has a one year low of $1.64 and a one year high of $10.56. The company’s 50 day moving average price is $2.75 and its two-hundred day moving average price is $2.95.

Institutional Trading of Fabric.AI, Inc. Common Stock

Several hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC purchased a new stake in Fabric.AI, Inc. Common Stock during the 4th quarter valued at about $25,000. HRT Financial LP bought a new stake in Fabric.AI, Inc. Common Stock in the fourth quarter valued at approximately $32,000. Jane Street Group LLC purchased a new stake in shares of Fabric.AI, Inc. Common Stock during the fourth quarter valued at approximately $25,000. Virtu Financial LLC bought a new position in shares of Fabric.AI, Inc. Common Stock in the fourth quarter worth approximately $48,000. Finally, Certuity LLC purchased a new position in shares of Fabric.AI, Inc. Common Stock in the third quarter worth $100,000. 5.65% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Fabric.AI, Inc. Common Stock in a report on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Fabric.AI, Inc. Common Stock has a consensus rating of “Sell”.

About Fabric.AI, Inc. Common Stock

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.