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

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

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Fabric.AI, Inc. Common Stock in a report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Fabric.AI, Inc. Common Stock Trading Up 2.5%

FABC stock opened at $2.83 on Friday. The firm has a 50-day moving average of $2.91 and a two-hundred day moving average 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 cap of $19.81 million, a price-to-earnings ratio of -0.38 and a beta of 2.91.

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

Institutional Trading of Fabric.AI, Inc. Common Stock

Hedge funds and other institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC acquired a new position in Fabric.AI, Inc. Common Stock in the fourth quarter valued at approximately $25,000. Jane Street Group LLC purchased a new position in Fabric.AI, Inc. Common Stock in the fourth quarter worth approximately $25,000. HRT Financial LP acquired a new stake in Fabric.AI, Inc. Common Stock during the fourth quarter worth $32,000. Virtu Financial LLC acquired a new stake in Fabric.AI, Inc. Common Stock during the fourth quarter worth $48,000. Finally, Certuity LLC purchased a new stake in Fabric.AI, Inc. Common Stock in the third quarter valued at $100,000. Institutional investors and hedge funds own 5.65% of the company’s stock.

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.