Aurrigo International (LON:AURR) Given Speculative Buy Rating at Canaccord Genuity Group

Aurrigo International (LON:AURR)‘s stock had its “speculative buy” rating reissued by analysts at Canaccord Genuity Group in a research report issued to clients and investors on Wednesday, Digital Look reports. They presently have a GBX 175 price target on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 49.06% from the company’s current price.

Aurrigo International Stock Performance

Shares of Aurrigo International stock traded up GBX 5.40 on Wednesday, reaching GBX 117.40. 87,384 shares of the stock were exchanged, compared to its average volume of 60,126. The business has a 50 day moving average price of GBX 89.36 and a two-hundred day moving average price of GBX 79.81. The firm has a market capitalization of £104.92 million, a price-to-earnings ratio of -19.57 and a beta of 0.30. Aurrigo International has a twelve month low of GBX 40.80 and a twelve month high of GBX 125. The company has a quick ratio of 2.49, a current ratio of 4.33 and a debt-to-equity ratio of 27.74.

Aurrigo International (LON:AURR) last issued its quarterly earnings results on Wednesday, September 23rd. The company reported GBX (4) earnings per share for the quarter. Aurrigo International had a negative return on equity of 29.78% and a negative net margin of 65.03%.

About Aurrigo International

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.