Exro Technologies (OTCMKTS:EXROF) Stock Rating Lowered by Raymond James

Exro Technologies (OTCMKTS:EXROFGet Rating) was downgraded by equities research analysts at Raymond James from an “outperform” rating to a “market perform” rating in a research report issued on Thursday, The Fly reports.

Separately, Maxim Group initiated coverage on Exro Technologies in a report on Thursday, October 27th. They issued a “buy” rating on the stock.

Exro Technologies Stock Up 3.7 %

Shares of EXROF opened at $1.12 on Thursday. Exro Technologies has a 12-month low of $0.53 and a 12-month high of $3.00. The business has a 50-day simple moving average of $0.75 and a two-hundred day simple moving average of $0.90.

Exro Technologies Company Profile

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Exro Technologies Inc focuses on developing and commercializing patented coil driver technology and proprietary system architecture for power electronics. The company's technology expands the capabilities of electric motors, generators, and batteries. It also develops the battery control system that provides energy storage system solutions for first and second life batteries.

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