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

Fabric.AI, Inc. Common Stock (NASDAQ:FABC) issued its quarterly earnings data on Friday. The company reported ($2.42) EPS for the quarter, FiscalAI reports.

Fabric.AI, Inc. Common Stock Trading Down 9.0%

NASDAQ FABC traded down $0.38 during trading on Friday, hitting $3.82. The company had a trading volume of 814,062 shares, compared to its average volume of 5,842,111. Fabric.AI, Inc. Common Stock has a one year low of $1.64 and a one year high of $10.56. The company has a market cap of $5.58 million, a price-to-earnings ratio of -0.10 and a beta of 2.53. The company’s fifty day moving average is $2.75 and its 200-day moving average is $2.95.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of FABC. Geode Capital Management LLC bought a new position in shares of Fabric.AI, Inc. Common Stock in the 4th quarter worth about $25,000. Jane Street Group LLC bought a new position in shares of Fabric.AI, Inc. Common Stock in the 4th quarter worth about $25,000. HRT Financial LP bought a new position in shares of Fabric.AI, Inc. Common Stock in the 4th quarter worth about $32,000. Virtu Financial LLC bought a new position in shares of Fabric.AI, Inc. Common Stock in the 4th quarter worth about $48,000. Finally, Certuity LLC bought a new position in shares of Fabric.AI, Inc. Common Stock in the 3rd quarter worth about $100,000. 5.65% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Fabric.AI, Inc. Common Stock in a report on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Fabric.AI, Inc. Common Stock has a consensus rating of “Sell”.

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.