AYRO (NASDAQ:AYRO) Stock Price Down 3.7% – Here’s Why
by Kim Johansen · The Markets DailyAYRO, Inc. (NASDAQ:AYRO – Get Free Report)’s share price traded down 3.7% during trading on Friday . The company traded as low as $2.3586 and last traded at $2.36. Approximately 147,157 shares were traded during mid-day trading, a decline of 21% from the average session volume of 187,031 shares. The stock had previously closed at $2.45.
AYRO Stock Down 3.7%
The firm has a fifty day moving average price of $2.67 and a 200 day moving average price of $3.07. The company has a market cap of $1.59 million, a P/E ratio of -0.06 and a beta of 3.34.
About AYRO
AYRO, Inc, headquartered in Round Rock, Texas, is a manufacturer of low-speed electric vehicles designed for short-distance transport and utility applications. The company specializes in developing battery-electric vehicles (BEVs) tailored to the needs of last-mile delivery, facilities management and campus mobility. AYRO’s product portfolio includes compact commercial cargo vans and utility vehicles that combine zero-emission operation with customizable configurations for urban and industrial environments.
Founded in 2017, AYRO brings together expertise in automotive engineering, battery technology and modular vehicle design to serve a growing market for sustainable transportation solutions.