AYRO Inc (NASDAQ: AYRO) is -42.83% lower on its value in year-to-date trading and has touched a low of $5.17 and a high of $15.28 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 $7.5 in the last trading session, with the day’s loss setting it -0.35%.
Currently trading at $7.15, the stock is 3.33% and 0.34% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.2 million and changing -4.67% at the moment leaves the stock -28.07% off its SMA200. AYRO registered -34.61% loss for a year compared to 6-month loss of -35.93%. The firm has a 50-day simple moving average (SMA 50) of $7.1304 and a 200-day simple moving average (SMA200) of $9.9458.
The stock witnessed a 8.99% gain in the last 1 month and extending the period to 3 months gives it a -14.06%, and is -6.40% 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 17.38% over the week and 13.00% over the month.
Profit margin for the company is -127635.33%. Distance from 52-week low is 38.39% and -53.21% from its 52-week high. The company has generated returns on investments over the last 12 months (-105.01%).
27.0 institutions hold shares in AYRO Inc (AYRO), with institutional investors hold 5.59% of the company’s shares. The shares outstanding are 0.53M, and float is at 0.42M with Short Float at 8.57%. Institutions hold 4.36% of the Float.
The top institutional shareholder in the company is PFG INVESTMENTS, LLC with over 59482.0 shares valued at $46336.0. The investor’s holdings represent 1.0592 of the AYRO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 56850.0 shares valued at $44286.0 to account for 1.0123 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 46746.0 shares representing 0.8324 and valued at over $36119.0, while VANGUARD GROUP INC holds 0.7836 of the shares totaling 44007.0 with a market value of $34281.0.
