What is the Market's View on AYRO Inc (AYRO) Stock's Price and Volume Trends Friday?

Overall market sentiment has been down on AYRO Inc (AYRO) stock lately. AYRO receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

AYRO Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on AYRO!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With AYRO Stock Today?

AYRO Inc (AYRO) stock is trading at $1.98 as of 1:49 PM on Friday, Dec 3, a loss of -$0.13, or -6.4% from the previous closing price of $2.11. The stock has traded between $1.96 and $2.12 so far today. Volume today is less active than usual. So far 630,576 shares have traded compared to average volume of 1,660,256 shares.

More About AYRO Inc

AYRO Inc designs and delivers compact, emissions-free electric fleet solutions for use within urban and short-haul markets. Capable of accommodating a broad range of commercial and consumer requirements, AYRO's vehicles are safe, affordable, efficient, and sustainable logistical transportation. Its products are Club Car 411 and AYRO 311. Click Here to get the full Stock Report for AYRO Inc stock.