AYRO (NASDAQ:AYRO) Trading Down 3.4% – Here’s Why

AYRO, Inc. (NASDAQ:AYROGet Free Report) traded down 3.4% on Monday . The company traded as low as $2.52 and last traded at $2.53. Approximately 107,062 shares traded hands during mid-day trading, a decline of 43% from the average session volume of 187,031 shares. The stock had previously closed at $2.62.

AYRO Price Performance

The firm has a 50-day moving average of $3.73 and a 200-day moving average of $3.10. The stock has a market cap of $1.67 million, a PE ratio of -0.07 and a beta of 3.34.

About AYRO

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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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