Exro Technologies Inc. (OTCMKTS:EXROF - Get Free Report)'s share price traded up 1.7% during mid-day trading on Thursday . The company traded as high as $0.16 and last traded at $0.16. 278,980 shares changed hands during trading, an increase of 109% from the average session volume of 133,601 shares. The stock had previously closed at $0.15.
Wall Street Analysts Forecast Growth
Separately, National Bank Financial cut shares of Exro Technologies from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 15th.
Read Our Latest Analysis on EXROF
Exro Technologies Price Performance
The business has a 50-day moving average of $0.26 and a 200 day moving average of $0.40. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.33 and a quick ratio of 0.06.
Exro Technologies (OTCMKTS:EXROF - Get Free Report) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.04) EPS for the quarter, meeting the consensus estimate of ($0.04). Exro Technologies had a negative return on equity of 77.42% and a negative net margin of 711.32%. The firm had revenue of $3.85 million during the quarter, compared to the consensus estimate of $16.75 million. Analysts expect that Exro Technologies Inc. will post -0.13 EPS for the current fiscal year.
Exro Technologies Company Profile
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Exro Technologies Inc focuses on developing generation power-control electronics in Canada. The company offers Exro Coil Driver, which allows the motor to switch between different operational profiles in real-time, as well as have multiple gears for scooters, electric bikes, recreational, light electric cars, motorcycles, fleet vans, electric buses, passenger vehicles, long-haul trucks, and industrial vehicles markets; and Exro Cell Driver, a stationary energy storage system for commercial and industrial energy storage applications.
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