Aurrigo International (LON:AURR) Posts Earnings Results

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

Aurrigo International Trading Up 4.8%

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

Analyst Ratings Changes

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 Wednesday. One equities research analyst has rated the stock with a Buy rating, According to 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.