Shares of AYRO, Inc. (NASDAQ:AYRO – Get Free Report) dropped 2.4% during trading on Monday . The company traded as low as $3.0720 and last traded at $3.23. Approximately 100,498 shares traded hands during trading, an increase of 21% from the average daily volume of 83,213 shares. The stock had previously closed at $3.31.
AYRO Price Performance
The firm’s 50 day moving average price is $3.53 and its 200-day moving average price is $5.35. The firm has a market cap of $2.18 million, a price-to-earnings ratio of -0.09 and a beta of 3.34.
AYRO Company Profile
AYRO, Inc, headquartered in Round Rock, Texas, is a manufacturer of low-speed electric vehicles designed for short-distance transport and utility applications. The company specializes in developing battery-electric vehicles (BEVs) tailored to the needs of last-mile delivery, facilities management and campus mobility. AYRO’s product portfolio includes compact commercial cargo vans and utility vehicles that combine zero-emission operation with customizable configurations for urban and industrial environments.
Founded in 2017, AYRO brings together expertise in automotive engineering, battery technology and modular vehicle design to serve a growing market for sustainable transportation solutions.
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