40 institutions hold shares in Ayro Inc. (AYRO), with 6.33M shares held by insiders accounting for 17.98% while institutional investors hold 14.56% of the company’s shares. The shares outstanding are 23.60M, and float is at 23.12M with Short Float at 19.20%. Institutions hold 11.94% of the Float.
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The top institutional shareholder in the company is Invesco Ltd. with over 1.78 million shares valued at $10.82 million. The investor’s holdings represent 5.05% of the AYRO Shares outstanding. As of Dec 30, 2020, the second largest holder is Morgan Stanley with 0.47 million shares valued at $2.88 million to account for 1.34% of the shares outstanding. The other top investors are Blackrock Inc. which holds 0.25 million shares representing 0.72% and valued at over $1.54 million, while Vanguard Group, Inc. (The) holds 0.68% of the shares totaling 0.24 million with a market value of $1.46 million.
Ayro Inc. (NASDAQ: AYRO) is -3.95% lower on its value in year-to-date trading and has touched a low of $1.80 and a high of $11.50 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AYRO stock was last observed hovering at around $6.29 in the last trading session, with the day’s loss setting it -0.45% off its average median price target of $15.00 for the next 12 months. It is also 61.07% off the consensus price target high of $15.00 offered by 1 analysts, but current levels are 61.07% higher than the price target low of $15.00 for the same period.
Currently trading at $5.84, the stock is -12.99% and -18.87% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.58 million and changing -7.15% at the moment leaves the stock 14.32% off its SMA200. AYRO registered 192.07% gain for a year compared to 6-month gain of 109.32%. The firm has a 50-day simple moving average (SMA 50) of $7.00 and a 200-day simple moving average (SMA200) of $5.71.
The stock witnessed a 1.92% loss in the last 1 month and extending the period to 3 months gives it a -4.58%, and is -6.56% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.96% over the week and 10.36% over the month.
Ayro Inc. (AYRO) has around 375 employees, a market worth around $201.36M and $0.97M in sales. Current P/E ratio is 2.20 and Fwd P/E is 5.17. Distance from 52-week low is 224.44% and -49.22% from its 52-week high.
Ayro Inc. (AYRO) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Ayro Inc. (AYRO) is a “Buy”. 1 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Ayro Inc. quarterly earnings per share for the current quarter are estimated at -$0.34 with sales reaching $2.4M over the same period.The EPS is expected to shrink by -12.50% this year, but quarterly earnings will post 1,620.70% year-over-year.