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

Shares of Aurrigo International plc (LON:AURR) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 125 and last traded at GBX 125, with a volume of 459609 shares changing hands. The stock had previously closed at GBX 124.70.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating and issued a GBX 175 price target on shares of Aurrigo International in a research report on Wednesday. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of GBX 175.

Aurrigo International Price Performance

The stock has a market cap of £102.78 million, a P/E ratio of -19.17 and a beta of 0.30. The company has a current ratio of 7.27, a quick ratio of 2.49 and a debt-to-equity ratio of 0.36. The company’s fifty day simple moving average is GBX 86.45 and its 200-day simple moving average is GBX 79.13.

Aurrigo International (LON:AURR) last released its quarterly earnings data on Wednesday, September 23rd. The company reported GBX (4) EPS for the quarter. Aurrigo International had a negative return on equity of 25.73% and a negative net margin of 48.74%.

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.