Fabric.AI, Inc. Common Stock (NASDAQ:FABC) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Fabric.AI, Inc. Common Stock (NASDAQ:FABCFree Report) from a strong sell rating to a sell rating in a research note issued to investors on Saturday morning.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Fabric.AI, Inc. Common Stock in a research note on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Fabric.AI, Inc. Common Stock presently has an average rating of “Sell”.

Get Our Latest Analysis on Fabric.AI, Inc. Common Stock

Fabric.AI, Inc. Common Stock Trading Up 0.4%

Shares of FABC stock opened at $2.84 on Friday. The company has a market capitalization of $19.88 million, a P/E ratio of -0.38 and a beta of 2.91. The business’s 50 day moving average is $2.90 and its two-hundred day moving average is $3.06. Fabric.AI, Inc. Common Stock has a twelve month low of $1.64 and a twelve month high of $10.56.

Fabric.AI, Inc. Common Stock (NASDAQ:FABCGet Free Report) last released its quarterly earnings results on Friday, August 14th. The company reported ($3.52) EPS for the quarter.

Hedge Funds Weigh In On Fabric.AI, Inc. Common Stock

A number of institutional investors and hedge funds have recently made changes to their positions in FABC. Jane Street Group LLC purchased a new position in shares of Fabric.AI, Inc. Common Stock in the 4th quarter valued at about $25,000. Geode Capital Management LLC purchased a new stake in Fabric.AI, Inc. Common Stock during the fourth quarter worth about $25,000. HRT Financial LP acquired a new position in Fabric.AI, Inc. Common Stock during the fourth quarter worth about $32,000. Virtu Financial LLC acquired a new position in Fabric.AI, Inc. Common Stock during the fourth quarter worth about $48,000. Finally, Certuity LLC purchased a new position in Fabric.AI, Inc. Common Stock in the third quarter valued at about $100,000. 5.65% of the stock is owned by institutional investors and hedge funds.

About Fabric.AI, Inc. Common Stock

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Ayro, Inc designs and manufactures electric vehicles for closed campus mobility, urban and community transport, local on-demand and last mile delivery, and government use. The company provides four-wheeled purpose-built electric vehicles for universities, business and medical campuses, last mile delivery services, and food service providers. It also offers AYRO vehicles to internal combustion engine vehicles for light duty uses, including low-speed logistics, maintenance, and cargo services; and Club Car 411 for low-speed logistics and cargo services for campus.

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