The 36-month beta value for AYRO is also noteworthy at 3.37. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for AYRO is 4.12M, and at present, short sellers hold a 13.68% of that float. The average trading volume of AYRO on May 02, 2024 was 26.93K shares.
AYRO) stock’s latest price update
AYRO Inc (NASDAQ: AYRO) has experienced a decline in its stock price by -7.76 compared to its previous closing price of 1.35. However, the company has seen a fall of -14.14% in its stock price over the last five trading days. InvestorPlace reported 2024-02-01 that Just two relatively small data points show that the death of the electric-vehicle revolution has been greatly exaggerated (to paraphrase Mark Twain). First, the EV sales of Hyundai’s (OTCMKTS: HYMTF ) luxury brand, Genesis, soared 280% last year to 6,403.
AYRO’s Market Performance
AYRO Inc (AYRO) has experienced a -14.14% fall in stock performance for the past week, with a -25.00% drop in the past month, and a -27.62% drop in the past quarter. The volatility ratio for the week is 6.76%, and the volatility levels for the past 30 days are at 6.13% for AYRO. The simple moving average for the past 20 days is -11.95% for AYRO’s stock, with a -51.49% simple moving average for the past 200 days.
AYRO Trading at -21.00% from the 50-Day Moving Average
After a stumble in the market that brought AYRO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -83.44% of loss for the given period.
Volatility was left at 6.13%, however, over the last 30 days, the volatility rate increased by 6.76%, as shares sank -24.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -30.83% lower at present.
During the last 5 trading sessions, AYRO fell by -14.14%, which changed the moving average for the period of 200-days by -84.05% in comparison to the 20-day moving average, which settled at $1.3937. In addition, AYRO Inc saw -29.26% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AYRO starting from Joseph Zvi, who sale 13,092 shares at the price of $0.81 back on Aug 01 ’23. After this action, Joseph Zvi now owns 200,953 shares of AYRO Inc, valued at $10,670 using the latest closing price.
Silverman Joshua, the Director of AYRO Inc, sale 12,740 shares at $0.82 during a trade that took place back on Aug 01 ’23, which means that Silverman Joshua is holding 395,493 shares at $10,386 based on the most recent closing price.
Stock Fundamentals for AYRO
Current profitability levels for the company are sitting at:
- -56.44 for the present operating margin
- -9.29 for the gross margin
The net margin for AYRO Inc stands at -67.82. The total capital return value is set at -0.58. Equity return is now at value -88.28, with -63.35 for asset returns.
Based on AYRO Inc (AYRO), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at -37.43.
Currently, EBITDA for the company is -26.92 million with net debt to EBITDA at 2.05. When we switch over and look at the enterprise to sales, we see a ratio of -73.2. The receivables turnover for the company is 2.28for trailing twelve months and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 11.37.
Conclusion
In summary, AYRO Inc (AYRO) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
