During the last session, Ayro Inc. (NASDAQ:AYRO)’s traded shares were 2.17 million, with the beta value of the company hitting 3.97. At the end of the trading day, the stock’s price was $5.24, reflecting an intraday loss of -8.07% or -$0.46. The 52-week high for the AYRO share is $11.50, that puts it down -119.47 from that peak though still a striking 56.11% gain since the share price plummeted to a 52-week low of $2.30. The company’s market capitalization is $187.80M, and the average intraday trading volume over the past 10 days was 1.69 million shares, and the average trade volume was 1.49 million shares over the past three months.
Ayro Inc. (AYRO) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 2.00. AYRO has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.24.
Ayro Inc. (NASDAQ:AYRO) trade information
Ayro Inc. (AYRO) registered a -8.07% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -8.07% in intraday trading to $5.24 this Thursday, 06/10/21, hitting a weekly high. The stock’s 5-day price performance is 0.00%, and it has moved by 22.14% in 30 days. Based on these gigs, the overall price performance for the year is 64.78%. The short interest in Ayro Inc. (NASDAQ:AYRO) is 3.98 million shares and it means that shorts have 4.25 day(s) to cover.
The consensus price target of analysts on Wall Street is $15.00, which implies an increase of 65.07% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $15.00 and $15.00 respectively. As a result, AYRO is trading at a discount of -186.26% off the target high and -186.26% off the low.
Ayro Inc. (AYRO) estimates and forecasts
In the rating firms’ projections, revenue will increase 1,620.70% compared to the previous financial year.
Revenue for the current quarter is expected to be $4.8 million as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to $7.2 million by the end of Sep 2021.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -48.13%. While earnings are projected to return 75.20% in 2021.
Ayro Inc. is due to release its next quarterly earnings in July. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Ayro Inc. (NASDAQ:AYRO)’s Major holders
Ayro Inc. insiders own 17.97% of total outstanding shares while institutional holders control 24.21%, with the float percentage being 29.52%. Invesco Ltd. is the largest shareholder of the company, while 53 institutions own stock in it. As of Mar 30, 2021, the company held over 4.94 million shares (or 14.03% of all shares), a total value of $32.03 million in shares.
The next largest institutional holding, with 0.48 million shares, is of Citadel Advisors LLC’s that is approximately 1.37% of outstanding shares. At the market price on Mar 30, 2021, these shares were valued at $3.13 million.
Also, the Mutual Funds coming in first place with the largest holdings of Ayro Inc. (AYRO) shares are Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF and Invesco ETF Tr-Invesco DWA Consumer Staples Momentum ETF. Data provided on Apr 29, 2021 indicates that Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF owns about 4.48 million shares. This amounts to just over 12.73 percent of the company’s overall shares, with a $24.8 million market value. The same data shows that the other fund manager holds slightly less at 0.35 million, or about 0.99% of the stock, which is worth about $1.92 million.