AYRO, Inc. (NASDAQ:AYRO – Get Free Report) shares dropped 3.3% during trading on Monday . The company traded as low as $2.21 and last traded at $2.38. Approximately 88,740 shares traded hands during trading, an increase of 7% from the average daily volume of 83,213 shares. The stock had previously closed at $2.46.
AYRO Price Performance
The firm has a market capitalization of $1.61 million, a price-to-earnings ratio of -0.06 and a beta of 3.34. The business has a fifty day moving average price of $2.71 and a two-hundred day moving average price of $3.90.
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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