A Few Bright Spots In AYRO Inc (NASDAQ: AYRO)

AYRO Inc (NASDAQ:AYRO) currently has a daily average trading volume of 536.08K but it saw 182351 shares traded in last market. With a market cap of 4.80M USD, the company’s current market price of $0.71 came falling about -6.12 while comparing to the previous closing price of $0.76. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.87 and as low as $0.65. In the recent trading on the day, stock has struck highest price mark of $0.665 while lowest mark touched by it was $0.76.

Taking a look at 20-day trading activity of AYRO Inc (AYRO) gives us an average price of $0.7353, while its current price level is -62.07% below from 52-week high level whereas it is 9.08% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.7487 while that of 200 days or SMA-200 reads an average of $0.9169. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.35% during that period while stretching the period over a month that increases to 11.55%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.70 which implies that the stock is in neutral territory.

Over the week, AYRO’s stock price is moving 3.75% up while it is -3.73% when we observe its performance for the past one month. Year-to-date it is 3.75% up and over the past year, the stock is showing a downside performance of -61.26%.

Currently, AYRO Inc’s total number of outstanding shares is 7.00M. Company’s return on investment (ROI) stands at -80.22% and return on equity (ROE) at -21.91%. Stock’s beta reads 3.19. Stock has a price to book (P/B) ratio of 0.43 while price to sale or P/S ratio amounts to 21.81. Its return on asset (ROA) is -13.09% on average.