Aurrigo International (LON:AURR) Announces Earnings Results

Aurrigo International (LON:AURR) released its earnings results on Thursday. The company reported GBX (0.04) earnings per share for the quarter, Digital Look Earnings reports. Aurrigo International had a negative return on equity of 30.28% and a negative net margin of 34.45%.The business had revenue of GBX 800 million during the quarter.

Aurrigo International Stock Performance

Shares of Aurrigo International stock opened at GBX 72.50 on Friday. The firm has a market cap of £64.79 million, a P/E ratio of -14.50 and a beta of 0.27. The company has a current ratio of 2.57, a quick ratio of 2.49 and a debt-to-equity ratio of 4.58. Aurrigo International has a 12 month low of GBX 36 and a 12 month high of GBX 104.95. The stock’s fifty day moving average price is GBX 75.49 and its 200-day moving average price is GBX 79.58.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 175 target price on shares of Aurrigo International in a research note on Thursday. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of GBX 175.

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.