Exro Technologies (OTCMKTS:EXROF) Cut to “Hold” at Atb Cap Markets

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

Separately, Maxim Group cut Exro Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 10th.

Exro Technologies Trading Down 1.9 %

EXROF stock opened at $0.06 on Tuesday. The firm has a fifty day moving average price of $0.07 and a 200 day moving average price of $0.11. Exro Technologies has a fifty-two week low of $0.05 and a fifty-two week high of $0.68. The firm has a market cap of $31.54 million, a PE ratio of -0.11 and a beta of 2.39. The company has a debt-to-equity ratio of 2.22, a quick ratio of 0.54 and a current ratio of 1.19.

Exro Technologies (OTCMKTS:EXROF) last released its quarterly earnings data on Monday, March 31st. The company reported ($0.03) EPS for the quarter, meeting the consensus estimate of ($0.03). Exro Technologies had a negative net margin of 1,533.73% and a negative return on equity of 83.07%. The business had revenue of $4.82 million during the quarter, compared to analyst estimates of $8.08 million. Sell-side analysts anticipate that Exro Technologies will post -0.14 earnings per share for the current fiscal 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.