Exro Technologies (OTCMKTS:EXROF) Cut to Hold at Maxim Group

Maxim Group downgraded shares of Exro Technologies (OTCMKTS:EXROF) from a strong-buy rating to a hold rating in a research report report published on Tuesday,Zacks.com reports.

Separately, National Bank Financial lowered Exro Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 15th.

Exro Technologies Stock Performance

Shares of EXROF stock opened at $0.10 on Tuesday. The company has a debt-to-equity ratio of 2.22, a quick ratio of 0.54 and a current ratio of 1.19. The firm has a market cap of $47.13 million, a P/E ratio of -0.19 and a beta of 3.25. The firm’s 50 day moving average price is $0.13 and its 200-day moving average price is $0.27. Exro Technologies has a one year low of $0.08 and a one year high of $1.05.

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.