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

Exro Technologies (OTCMKTS:EXROF) was downgraded by equities researchers at Atb Cap Markets from a “moderate buy” rating to a “hold” rating in a report issued 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 Exro Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 10th.

Exro Technologies Stock Performance

OTCMKTS:EXROF opened at $0.06 on Tuesday. The company has a debt-to-equity ratio of 2.22, a current ratio of 1.19 and a quick ratio of 0.54. The firm has a market cap of $31.54 million, a price-to-earnings ratio of -0.11 and a beta of 2.39. The firm’s fifty day moving average price is $0.07 and its 200 day moving average price is $0.11. Exro Technologies has a 1-year low of $0.05 and a 1-year high of $0.68.

Exro Technologies (OTCMKTS:EXROF) last issued its 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, sell-side analysts expect that Exro Technologies will post -0.14 EPS for the current year.

Exro Technologies Company Profile

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.