AYRO Inc (NASDAQ:AYRO) shares, rose in value, with the stock price down by -3.73% to the previous day’s close as strong demand from buyers drove the stock to $0.58.
Actively observing the price movement in the recent trading, the stock is buoying the session at $0.60, falling within a range of $0.531 and $0.77. The value of beta (5-year monthly) is 3.688. Referring to stock’s 52-week performance, its high was $1.75, and the low was $0.49. On the whole, AYRO has fluctuated by -2.09% over the past month.
With the market capitalization of AYRO Inc currently standing at about $3.91 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Mar-31.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AYRO’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of AYRO currently trading nearly 7.15% and -4.27% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.72, while the 7-day volatility ratio is showing 9.36% which for the 30-day chart, stands at 9.50%. Furthermore, AYRO Inc (AYRO)’s beta value is 3.44, and its average true range (ATR) is 0.06.
A comparison of AYRO Inc (AYRO) with its peers suggests the former has fared considerably weaker in the market. AYRO showed an intraday change of -3.73% in today’s session so far, and over the past year, it shrunk by -64.56%%.
Data on historical trading for AYRO Inc (NASDAQ:AYRO) indicates that the trading volumes over the past 10 days have averaged 56910.0 and over the past 3 months, they’ve averaged 141.02K. According to company’s latest data on outstanding shares, there are 7.00 million shares outstanding.
Nearly 21.94% of AYRO Inc’s shares belong to company insiders and institutional investors own 6.94% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.64 million shares as on 2025-03-14, resulting in a short ratio of 2.85. According to the data, the short interest in AYRO Inc (AYRO) stood at 965.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 0.63 million. The stock has fallen by -15.48% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AYRO stock heading into the next quarter.
