AYRO (NASDAQ:AYRO) Stock Price Down 2.4% – Here’s Why

Shares of AYRO, Inc. (NASDAQ:AYROGet Free Report) fell 2.4% during trading on Monday . The company traded as low as $3.0720 and last traded at $3.23. 100,498 shares traded hands during mid-day trading, an increase of 21% from the average session volume of 83,213 shares. The stock had previously closed at $3.31.

AYRO Trading Down 3.2%

The company has a 50-day simple moving average of $3.45 and a 200 day simple moving average of $5.31. The firm has a market cap of $1.84 million, a PE ratio of -0.07 and a beta of 3.34.

AYRO Company Profile

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AYRO, Inc, headquartered in Round Rock, Texas, is a manufacturer of low-speed electric vehicles designed for short-distance transport and utility applications. The company specializes in developing battery-electric vehicles (BEVs) tailored to the needs of last-mile delivery, facilities management and campus mobility. AYRO’s product portfolio includes compact commercial cargo vans and utility vehicles that combine zero-emission operation with customizable configurations for urban and industrial environments.

Founded in 2017, AYRO brings together expertise in automotive engineering, battery technology and modular vehicle design to serve a growing market for sustainable transportation solutions.

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