Exro Technologies Inc. (OTCMKTS:EXROF - Get Free Report) shares shot up 9.1% during trading on Monday . The company traded as high as $0.11 and last traded at $0.10. 178,653 shares were traded during mid-day trading, a decline of 37% from the average session volume of 283,007 shares. The stock had previously closed at $0.09.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on the stock. Atb Cap Markets downgraded shares of Exro Technologies from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, April 1st. National Bankshares restated an "underperform" rating on shares of Exro Technologies in a research note on Tuesday, May 20th. National Bank Financial downgraded Exro Technologies from a "hold" rating to a "strong sell" rating in a research note on Tuesday, April 1st. Finally, ATB Capital lowered shares of Exro Technologies to a "sector perform" rating in a research report on Wednesday, April 2nd. Two research analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold".
Get Our Latest Report on EXROF
Exro Technologies Stock Performance
The stock's 50-day simple moving average is $0.08 and its 200-day simple moving average is $0.09. The stock has a market cap of $46.49 million, a price-to-earnings ratio of -0.17 and a beta of 0.78. The company has a current ratio of 1.19, a quick ratio of 0.54 and a debt-to-equity ratio of 2.22.
Exro Technologies (OTCMKTS:EXROF - Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The company reported ($0.03) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.03). Exro Technologies had a negative return on equity of 83.07% and a negative net margin of 1,533.73%. Analysts forecast that Exro Technologies Inc. will post -0.14 earnings per share for the current fiscal year.
About Exro Technologies
(
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Exro Technologies Inc focuses on developing generation power-control electronics in Canada. The company offers Exro Coil Driver, which allows the motor to switch between different operational profiles in real-time, as well as have multiple gears for scooters, electric bikes, recreational, light electric cars, motorcycles, fleet vans, electric buses, passenger vehicles, long-haul trucks, and industrial vehicles markets; and Exro Cell Driver, a stationary energy storage system for commercial and industrial energy storage applications.
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