Exro Technologies (OTCMKTS:EXROF) Downgraded to Hold Rating by Atb Cap Markets

Atb Cap Markets lowered shares of Exro Technologies (OTCMKTS:EXROF) from a moderate buy rating to a hold rating in a report published on Tuesday,Zacks.com reports. Atb Cap Markets also issued estimates for Exro Technologies’ Q4 2026 earnings at ($0.01) EPS.

Separately, Maxim Group downgraded shares of Exro Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 10th.

Exro Technologies Stock Down 1.9 %

EXROF stock opened at $0.06 on Tuesday. The business’s 50-day moving average price is $0.07 and its 200-day moving average price is $0.11. The stock has a market cap of $31.54 million, a P/E ratio of -0.11 and a beta of 2.39. 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 twelve month low of $0.05 and a twelve month high of $0.68.

Exro Technologies (OTCMKTS:EXROF) last issued its quarterly earnings results on Monday, March 31st. The company reported ($0.03) earnings per share for the quarter, meeting the consensus estimate of ($0.03). The business had revenue of $4.82 million for the quarter, compared to the consensus estimate of $8.08 million. Exro Technologies had a negative net margin of 1,533.73% and a negative return on equity of 83.07%. On average, equities research analysts forecast that Exro Technologies will post -0.14 EPS for the current 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.