Exro Technologies (OTCMKTS:EXROF) Trading Down 3.9%

Exro Technologies Inc. (OTCMKTS:EXROF)’s share price traded down 3.9% on Wednesday . The stock traded as low as $0.47 and last traded at $0.48. 141,082 shares were traded during trading, an increase of 1% from the average session volume of 139,236 shares. The stock had previously closed at $0.50.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. National Bank Financial reaffirmed an “outperform market weight” rating on shares of Exro Technologies in a research note on Friday, April 5th. Atb Cap Markets reaffirmed a “speculative” rating on shares of Exro Technologies in a research note on Thursday, February 22nd.

Exro Technologies Price Performance

The company’s fifty day moving average is $0.59 and its two-hundred day moving average is $0.89. The firm has a market capitalization of $79.99 million and a price-to-earnings ratio of -2.12. The company has a quick ratio of 4.08, a current ratio of 4.94 and a debt-to-equity ratio of 0.37.

About Exro Technologies

Exro Technologies Inc focuses on developing and commercializing patented coil driver technology and proprietary system architecture for power electronics. The company's technology expands the capabilities of electric motors, generators, and batteries. It also develops the battery control system that provides energy storage system solutions for commercial and industrial applications.