Fabric.AI, Inc. Common Stock (NASDAQ:FABC) Downgraded to Strong Sell Rating by Wall Street Zen

Wall Street Zen downgraded shares of Fabric.AI, Inc. Common Stock (NASDAQ:FABC) from a sell rating to a strong sell rating in a report released on Saturday morning,Wall Street Zen reports.

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

Fabric.AI, Inc. Common Stock Stock Down 2.0%

NASDAQ FABC opened at $2.51 on Friday. The firm has a 50-day moving average price of $2.77 and a two-hundred day moving average price of $3.06. Fabric.AI, Inc. Common Stock has a 12-month low of $1.64 and a 12-month high of $10.56. The company has a market capitalization of $17.57 million, a P/E ratio of -0.34 and a beta of 2.92.

Fabric.AI, Inc. Common Stock (NASDAQ:FABC) last announced its earnings results on Friday, August 14th. The company reported ($3.52) EPS for the quarter.

Institutional Trading of Fabric.AI, Inc. Common Stock

Large investors have recently bought and sold shares of the business. Certuity LLC acquired a new position in Fabric.AI, Inc. Common Stock during the third quarter worth about $100,000. Virtu Financial LLC bought a new position in Fabric.AI, Inc. Common Stock in the 4th quarter valued at approximately $48,000. HRT Financial LP acquired a new stake in Fabric.AI, Inc. Common Stock in the fourth quarter valued at approximately $32,000. Geode Capital Management LLC bought a new stake in shares of Fabric.AI, Inc. Common Stock during the fourth quarter worth $25,000. Finally, Jane Street Group LLC acquired a new position in shares of Fabric.AI, Inc. Common Stock during the fourth quarter worth $25,000. 5.65% of the stock is owned by institutional investors and hedge funds.

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.