Exro Technologies (OTCMKTS:EXROF) Trading Down 4.5%

Exro Technologies Inc. (OTCMKTS:EXROF) shares traded down 4.5% during mid-day trading on Monday . The stock traded as low as $0.35 and last traded at $0.35. 149,310 shares were traded during mid-day trading, an increase of 19% from the average session volume of 125,710 shares. The stock had previously closed at $0.37.

Analyst Ratings Changes

Separately, National Bank Financial reiterated an “outperform market weight” rating on shares of Exro Technologies in a research report on Friday, April 5th.

Exro Technologies Price Performance

The company has a quick ratio of 0.74, a current ratio of 0.90 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $126.39 million and a price-to-earnings ratio of -1.51. The company has a fifty day moving average price of $0.47 and a two-hundred day moving average price of $0.63.

Exro Technologies (OTCMKTS:EXROF) last announced its quarterly earnings data on Wednesday, May 15th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.01). The business had revenue of $0.94 million during the quarter, compared to analysts’ expectations of $1.99 million. Exro Technologies had a negative net margin of 826.56% and a negative return on equity of 139.09%. On average, equities research analysts expect that Exro Technologies Inc. will post -0.12 EPS for the current fiscal year.

About Exro Technologies

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.