Fabric.AI, Inc. Common Stock (NASDAQ:FABC) Announces Quarterly Earnings Results

Fabric.AI, Inc. Common Stock (NASDAQ:FABC) issued its quarterly earnings results on Friday. The company reported ($3.52) EPS for the quarter, FiscalAI reports.

Fabric.AI, Inc. Common Stock Trading Up 2.9%

Shares of NASDAQ:FABC opened at $2.83 on Friday. The stock has a market capitalization of $13.75 million, a P/E ratio of -0.08 and a beta of 2.91. The stock’s 50-day moving average price is $3.00 and its 200-day moving average price is $3.06. Fabric.AI, Inc. Common Stock has a 12-month low of $1.64 and a 12-month high of $10.56.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Fabric.AI, Inc. Common Stock in a report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Fabric.AI, Inc. Common Stock

Several institutional investors have recently bought and sold shares of the stock. Virtu Financial LLC bought a new stake in Fabric.AI, Inc. Common Stock in the fourth quarter valued at approximately $48,000. HRT Financial LP bought a new position in shares of Fabric.AI, Inc. Common Stock in the fourth quarter worth approximately $32,000. Certuity LLC bought a new position in shares of Fabric.AI, Inc. Common Stock in the third quarter worth approximately $100,000. Geode Capital Management LLC purchased a new position in shares of Fabric.AI, Inc. Common Stock in the fourth quarter worth $25,000. Finally, Jane Street Group LLC purchased a new position in shares of Fabric.AI, Inc. Common Stock in the fourth quarter worth $25,000. 5.65% of the stock is currently owned by hedge funds and other institutional investors.

Fabric.AI, Inc. Common Stock Company Profile

Ayro, Inc designs and manufactures electric vehicles for closed campus mobility, urban and community transport, local on-demand and last mile delivery, and government use. The company provides four-wheeled purpose-built electric vehicles for universities, business and medical campuses, last mile delivery services, and food service providers. It also offers AYRO vehicles to internal combustion engine vehicles for light duty uses, including low-speed logistics, maintenance, and cargo services; and Club Car 411 for low-speed logistics and cargo services for campus.