Canaccord Genuity Group Reaffirms Speculative Buy Rating for Aurrigo International (LON:AURR)

Aurrigo International (LON:AURR)‘s stock had its “speculative buy” rating reiterated by investment analysts at Canaccord Genuity Group in a report issued on Wednesday, Digital Look reports. They currently have a GBX 175 price objective on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 49.06% from the stock’s current price.

Aurrigo International Trading Up 4.8%

Shares of Aurrigo International stock traded up GBX 5.40 during mid-day trading on Wednesday, hitting GBX 117.40. The stock had a trading volume of 87,384 shares, compared to its average volume of 60,126. The firm has a market cap of £104.92 million, a P/E ratio of -19.57 and a beta of 0.30. The company has a quick ratio of 2.49, a current ratio of 4.33 and a debt-to-equity ratio of 27.74. The firm has a 50-day moving average of GBX 89.36 and a two-hundred day moving average of GBX 79.81. Aurrigo International has a 12-month low of GBX 40.80 and a 12-month high of GBX 125.

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

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.