Exro Technologies (OTCMKTS:EXROF) Rating Lowered to Strong Sell at National Bank Financial

Exro Technologies (OTCMKTS:EXROF) was downgraded by equities research analysts at National Bank Financial from a “hold” rating to a “strong sell” rating in a research note issued on Tuesday,Zacks.com reports. National Bank Financial also issued estimates for Exro Technologies’ Q4 2025 earnings at ($0.01) EPS.

A number of other brokerages have also issued reports on EXROF. Atb Cap Markets lowered Exro Technologies from a “moderate buy” rating to a “hold” rating in a research report on Tuesday. Maxim Group cut shares of 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 firm has a market capitalization of $31.54 million, a P/E ratio of -0.11 and a beta of 2.39. The stock has a 50-day simple moving average of $0.07 and a two-hundred day simple moving average of $0.11. 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 has a fifty-two week low of $0.05 and a fifty-two week high of $0.68.

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