Fabric.AI, Inc. Common Stock (NASDAQ:FABC) Raised to Sell at Wall Street Zen

Fabric.AI, Inc. Common Stock (NASDAQ:FABC) was upgraded by investment analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Fabric.AI, Inc. Common Stock in a report on Thursday, October 15th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock currently has an average rating of “Sell”.

Fabric.AI, Inc. Common Stock Stock Performance

NASDAQ:FABC opened at $1.59 on Friday. Fabric.AI, Inc. Common Stock has a fifty-two week low of $1.43 and a fifty-two week high of $6.28. The firm has a market cap of $11.13 million, a PE ratio of -0.21 and a beta of 3.08. The business has a 50 day moving average price of $2.23 and a 200-day moving average price of $2.82.

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Fabric.AI, Inc. Common Stock stock. T3 Companies LLC grew its stake in Fabric.AI, Inc. Common Stock (NASDAQ:FABC) by 40.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 59,925 shares of the company’s stock after purchasing an additional 17,125 shares during the quarter. T3 Companies LLC owned about 0.86% of Fabric.AI, Inc. Common Stock worth $137,000 at the end of the most recent quarter. 5.65% of the stock is owned by hedge funds and other institutional investors.

About Fabric.AI, Inc. Common Stock

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.