Exro Technologies (OTCMKTS:EXROF) Rating Increased to Strong Sell at National Bank Financial

Exro Technologies (OTCMKTS:EXROF) was upgraded by equities research analysts at National Bank Financial to a “strong sell” rating in a research note issued on Sunday,Zacks.com reports.

Other equities analysts have also issued reports about the stock. National Bankshares reissued an “underperform” rating on shares of Exro Technologies in a report on Tuesday, May 20th. ATB Capital lowered shares of Exro Technologies to a “sector perform” rating in a report on Wednesday, April 2nd. Finally, Atb Cap Markets lowered shares of Exro Technologies from a “moderate buy” rating to a “hold” rating in a report on Tuesday, April 1st. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold”.

Exro Technologies Price Performance

EXROF stock opened at $0.07 on Friday. The company has a quick ratio of 0.54, a current ratio of 1.19 and a debt-to-equity ratio of 2.22. Exro Technologies has a 12 month low of $0.04 and a 12 month high of $0.57. The firm has a market cap of $36.00 million, a P/E ratio of -0.13 and a beta of 0.53. The company’s 50-day moving average price is $0.08 and its two-hundred day moving average price is $0.08.

Exro Technologies (OTCMKTS:EXROF) last released its earnings results on Thursday, May 15th. The company reported ($0.03) EPS for the quarter, meeting the consensus estimate of ($0.03). Exro Technologies had a negative net margin of 1,533.73% and a negative return on equity of 83.07%. On average, analysts anticipate that Exro Technologies will post -0.14 earnings per share 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.