Exro Technologies Inc.

XRO-X

Analysis and Opinions about XRO-X

Signal
Opinion
Expert
BUY
BUY
May 29, 2020
The technology is interesting, using an electric motor to increase torque. The new CEO is moving the company from an experiment towards actual contracts. Electric scooters are a great platform to introduce the technology. They have announced 5 different companies they are working with. Their cash burn is about $2 million per year and will need to do a financing in the next 12 months as they are not cash flow positive yet. If they land some contracts in the next 1-2 years, they will make some real money.
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The technology is interesting, using an electric motor to increase torque. The new CEO is moving the company from an experiment towards actual contracts. Electric scooters are a great platform to introduce the technology. They have announced 5 different companies they are working with. Their cash burn is about $2 million per year and will need to do a financing in the next 12 months as they are not cash flow positive yet. If they land some contracts in the next 1-2 years, they will make some real money.
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Exro Technologies Inc.(XRO-X) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Exro Technologies Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Exro Technologies Inc.(XRO-X) Frequently Asked Questions

What is Exro Technologies Inc. stock symbol?

Exro Technologies Inc. is a OTC stock, trading under the symbol XRO-X on the (). It is usually referred to as or XRO-X

Is Exro Technologies Inc. a buy or a sell?

In the last year, 1 stock analyst published opinions about XRO-X. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Exro Technologies Inc..

Is Exro Technologies Inc. a good investment or a top pick?

Exro Technologies Inc. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Exro Technologies Inc..

Why is Exro Technologies Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Exro Technologies Inc. worth watching?

1 stock analyst on Stockchase covered Exro Technologies Inc. In the last year. It is a trending stock that is worth watching.

What is Exro Technologies Inc. stock price?

On , Exro Technologies Inc. (XRO-X) stock closed at a price of $.