Exro Technologies (OTCMKTS:EXROF) Downgraded to “Strong Sell” Rating by National Bank Financial

National Bank Financial downgraded shares of Exro Technologies (OTCMKTS:EXROF) from a hold rating to a strong sell rating in a research report sent to investors on Tuesday,Zacks.com reports. National Bank Financial also issued estimates for Exro Technologies’ Q4 2025 earnings at ($0.01) EPS.

Several other analysts have also commented on the stock. Maxim Group lowered shares of Exro Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 10th. Atb Cap Markets lowered shares of Exro Technologies from a “moderate buy” rating to a “hold” rating in a research note on Tuesday.

Exro Technologies Price Performance

Shares of EXROF opened at $0.06 on Tuesday. The business’s 50-day moving average is $0.07 and its two-hundred day moving average is $0.11. The company has a market capitalization of $31.54 million, a P/E ratio of -0.11 and a beta of 2.39. Exro Technologies has a fifty-two week low of $0.05 and a fifty-two week high of $0.68. 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, hitting the consensus estimate of ($0.03). The business had revenue of $4.82 million for the quarter, compared to analyst estimates of $8.08 million. Exro Technologies had a negative return on equity of 83.07% and a negative net margin of 1,533.73%. Research analysts predict that Exro Technologies will post -0.14 earnings per share 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.