Aurrigo International (LON:AURR) Reaches New 52-Week High – Time to Buy?

Aurrigo International plc (LON:AURR) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 120 and last traded at GBX 120, with a volume of 346 shares traded. The stock had previously closed at GBX 117.40.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a “speculative buy” rating and issued a GBX 175 price objective on shares of Aurrigo International in a research report on Thursday, June 4th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 175.

Aurrigo International Price Performance

The company’s 50 day moving average is GBX 79.04 and its 200 day moving average is GBX 77.40. The firm has a market capitalization of £107.25 million, a price-to-earnings ratio of -20.00 and a beta of 0.30. The company has a quick ratio of 2.49, a current ratio of 7.27 and a debt-to-equity ratio of 0.36.

Aurrigo International Company Profile

Aurrigo is the future of first and last mile transportation for airport baggage/cargo and passenger vehicle applications. Aurrigo’s Self-Driving / autonomous Auto-Dolly, Auto-DollyTug and Auto-Cargo provide airports with a new way to move baggage and cargo around, reducing costs, improving efficiency and decreasing environmental impact and accidents.

Aurrigo’s Self-Driving passenger vehicles provide mobility within urban areas, shopping malls, airports, university campuses, science parks and other areas that are poorly served by traditional transport providers.