Aurrigo International (LON:AURR) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Shares of Aurrigo International plc (LON:AURR) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 57.42 ($0.72) and traded as low as GBX 44.50 ($0.56). Aurrigo International shares last traded at GBX 44.90 ($0.56), with a volume of 9,166 shares traded.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “speculative buy” rating and issued a GBX 165 ($2.07) price target on shares of Aurrigo International in a research note on Thursday, September 26th.

Aurrigo International Stock Performance

The company has a quick ratio of 2.49, a current ratio of 2.43 and a debt-to-equity ratio of 6.87. The firm has a 50-day moving average price of GBX 57.42 and a 200 day moving average price of GBX 72.56. The firm has a market capitalization of £20.59 million, a PE ratio of -498.89 and a beta of -1.03.

About Aurrigo International

Aurrigo International plc designs, engineers, manufactures, and supplies OEM products and autonomous vehicles to the automotive, aviation, and transport industries in the United Kingdom and internationally. It offers various range of components and systems, including electronic control units, wiring harness systems, interior and exterior parts, and safety critical systems.