Stock Market Recap: AYRO Inc (AYRO) Concludes at 0.38, a -2.78% Surge/Decline

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After finishing at $0.4 in the prior trading day, AYRO Inc (NASDAQ: AYRO) closed at $0.38, down -2.78%. In other words, the price has decreased by -$2.78% from its previous closing price. On the day, 1.57 million shares were traded. AYRO stock price reached its highest trading level at $0.393 during the session, while it also had its lowest trading level at $0.3229.

Ratios:

Our goal is to gain a better understanding of AYRO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.20 and its Current Ratio is at 2.20. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.03.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AYRO now has a Market Capitalization of 3337524 and an Enterprise Value of -8202443. For the stock, the TTM Price-to-Sale (P/S) ratio is 327.62 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at -1511.692 whereas that against EBITDA is 0.611.

Stock Price History:

The Beta on a monthly basis for AYRO is 3.46, which has changed by -0.5064935 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, AYRO has reached a high of $0.95, while it has fallen to a 52-week low of $0.34. The 50-Day Moving Average of the stock is -14.65%, while the 200-Day Moving Average is calculated to be -39.38%.

Shares Statistics:

The stock has traded on average 206.98K shares per day over the past 3-months and 344890 shares per day over the last 10 days, according to various share statistics. A total of 8.54M shares are outstanding, with a floating share count of 6.67M. Insiders hold about 21.94% of the company’s shares, while institutions hold 3.79% stake in the company. Shares short for AYRO as of 1748563200 were 575855 with a Short Ratio of 2.78, compared to 1745971200 on 502596. Therefore, it implies a Short% of Shares Outstanding of 575855 and a Short% of Float of 6.81.