Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / AYRO - Naked Brand Group Moves From Lingerie To EVs But It Looks Overvalued Based On Fundamentals

AYRO - Naked Brand Group Moves From Lingerie To EVs But It Looks Overvalued Based On Fundamentals

AYRO Inc.
  • The company is merging with electric commercial vehicles maker Cenntro Automotive Group through a reverse takeover.
  • Cenntro Automotive Group is projecting revenues of $2.1 billion by 2023, but I doubt this figure is likely to be achieved.
  • In 2020, 707 units were sold, with the majority of them in the form of vehicle kits. North American distributor Ayro booked revenues of just $0.5 million in Q2 2021.
  • The new models are cheap and have low max speed and range.

For further details see:

Naked Brand Group Moves From Lingerie To EVs But It Looks Overvalued Based On Fundamentals
Stock Information
Company Name: AYRO Inc.
Stock Symbol: AYRO
Market: NASDAQ
Website: ayro.com
Menu
AYRO AYRO Quote AYRO Short AYRO News AYRO Articles AYRO Message Board
Get AYRO Alerts

News, Short Squeeze, Breakout and More Instantly...