Aurrigo International (LON:AURR) Posts Quarterly Earnings Results

Aurrigo International (LON:AURR) announced its quarterly earnings results on Thursday. The company reported GBX (0.04) EPS for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 800 million for the quarter. Aurrigo International had a negative net margin of 34.45% and a negative return on equity of 30.28%.

Aurrigo International Price Performance

AURR opened at GBX 72.50 on Friday. The business’s 50-day moving average is GBX 75.49 and its two-hundred day moving average is GBX 79.58. Aurrigo International has a 1 year low of GBX 36 and a 1 year high of GBX 104.95. The company has a debt-to-equity ratio of 4.58, a current ratio of 2.57 and a quick ratio of 2.49. The firm has a market capitalization of £64.79 million, a PE ratio of -14.50 and a beta of 0.27.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 175 price target on shares of Aurrigo International in a research note on Thursday. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average 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.