Aurrigo International (LON:AURR) Stock Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Shares of Aurrigo International plc (LON:AURR) passed 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.

Wall Street Analyst Weigh In

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 report on Tuesday, January 7th.

Aurrigo International Price Performance

The stock has a market capitalization of £21.55 million, a price-to-earnings ratio of -522.22 and a beta of -1.03. The firm has a 50-day moving average of GBX 48.15 and a 200 day moving average of GBX 65.35. The company has a debt-to-equity ratio of 6.87, a current ratio of 2.43 and a quick ratio of 2.49.

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.