Ayro (NASDAQ:AYRO) Trading Down 4.4%

Ayro, Inc. (NASDAQ:AYROGet Rating) fell 4.4% during trading on Monday . The stock traded as low as $0.65 and last traded at $0.65. 92,200 shares were traded during mid-day trading, a decline of 59% from the average session volume of 226,900 shares. The stock had previously closed at $0.68.

Ayro Trading Down 4.4 %

The firm has a market capitalization of $24.06 million, a P/E ratio of -1.02 and a beta of 3.14. The company’s fifty day simple moving average is $0.53 and its 200 day simple moving average is $0.71.

Ayro (NASDAQ:AYROGet Rating) last issued its quarterly earnings data on Thursday, November 3rd. The company reported ($0.15) EPS for the quarter. Ayro had a negative return on equity of 36.23% and a negative net margin of 751.64%. The company had revenue of $0.37 million during the quarter.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Kingsbury Capital Investment Advisors LLC increased its stake in shares of Ayro by 903.9% in the 2nd quarter. Kingsbury Capital Investment Advisors LLC now owns 529,117 shares of the company’s stock worth $443,000 after acquiring an additional 476,409 shares in the last quarter. Camden Capital LLC increased its stake in shares of Ayro by 124.8% in the 2nd quarter. Camden Capital LLC now owns 36,025 shares of the company’s stock worth $30,000 after acquiring an additional 20,000 shares in the last quarter. Virtu Financial LLC bought a new position in shares of Ayro in the 1st quarter worth about $32,000. Finally, Bank of New York Mellon Corp increased its stake in shares of Ayro by 287.3% in the 1st quarter. Bank of New York Mellon Corp now owns 506,941 shares of the company’s stock worth $649,000 after acquiring an additional 376,042 shares in the last quarter. 9.45% of the stock is currently owned by institutional investors.

About Ayro

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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.

Further Reading

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