Aurrigo International (LON:AURR) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Aurrigo International plc (LON:AURR)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 48.15 ($0.60) and traded as low as GBX 46.70 ($0.58). Aurrigo International shares last traded at GBX 46.94 ($0.59), with a volume of 2,746 shares trading hands.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group dropped their price target on Aurrigo International from GBX 165 ($2.06) to GBX 135 ($1.69) and set a “speculative buy” rating on the stock in a research note on Tuesday, January 7th.

Aurrigo International Price Performance

The company has a debt-to-equity ratio of 6.87, a quick ratio of 2.49 and a current ratio of 2.43. The stock has a market cap of £21.55 million, a price-to-earnings ratio of -522.22 and a beta of -1.03. The business’s 50 day moving average is GBX 48.15 and its 200 day moving average is GBX 65.43.

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.