Free Trial

Exro Technologies (OTCMKTS:EXROF) Trading Up 9.1% - Here's What Happened

Exro Technologies logo with Computer and Technology background

Exro Technologies Inc. (OTCMKTS:EXROF - Get Free Report) shot up 9.1% during trading on Monday . The stock 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 Ratings Changes

Several equities analysts have recently issued reports on the stock. National Bank Financial downgraded Exro Technologies from a "hold" rating to a "strong sell" rating in a report on Tuesday, April 1st. Atb Cap Markets downgraded shares of Exro Technologies from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, April 1st. Finally, ATB Capital cut Exro Technologies to a "sector perform" rating in a research report on Wednesday, April 2nd.

View Our Latest Research Report on Exro Technologies

Exro Technologies Trading Up 9.1%

The company has a quick ratio of 0.54, a current ratio of 1.19 and a debt-to-equity ratio of 2.22. The firm has a market capitalization of $56.66 million, a P/E ratio of -0.21 and a beta of 0.78. The stock has a fifty day simple moving average of $0.08 and a 200 day simple moving average of $0.09.

Exro Technologies (OTCMKTS:EXROF - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The company reported ($0.03) earnings per share (EPS) for the quarter, meeting 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%. As a group, research analysts forecast that Exro Technologies Inc. will post -0.14 EPS for the current year.

About Exro Technologies

(Get Free Report)

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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Exro Technologies Right Now?

Before you consider Exro Technologies, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Exro Technologies wasn't on the list.

While Exro Technologies currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

This $13 Trillion Energy Breakthrough Will Make Millionaires
Magnificent 7 Stocks Shift Toward Stability and Selective Growth
4 Biotech Stocks on the Verge of Massive Breakthroughs

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines