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Should You Invest in Aurora Innovation Inc. (AUR) Now?

Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”

The public float for AUR is 331.73M, and currently, shorts hold a 3.35% of that float. The average trading volume for AUR on March 15, 2023 was 2.18M shares.

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AUR) stock’s latest price update

Aurora Innovation Inc. (NASDAQ: AUR)’s stock price has increased by 5.26 compared to its previous closing price of 1.33. However, the company has seen a 0.72% increase in its stock price over the last five trading sessions. Barron’s reported on 01/09/23 that Aurora Sees Driverless Trucks On the Road in 2024

AUR’s Market Performance

AUR’s stock has risen by 0.72% in the past week, with a monthly drop of -16.67% and a quarterly rise of 12.90%. The volatility ratio for the week is 9.16% while the volatility levels for the last 30 days are 8.77% for Aurora Innovation Inc. The simple moving average for the last 20 days is -8.26% for AUR stock, with a simple moving average of -30.63% for the last 200 days.

Analysts’ Opinion of AUR

Many brokerage firms have already submitted their reports for AUR stocks, with Goldman repeating the rating for AUR by listing it as a “Neutral.” The predicted price for AUR in the upcoming period, according to Goldman is $13 based on the research report published on December 16th of the previous year 2021.

AUR Trading at -7.96% from the 50-Day Moving Average

After a stumble in the market that brought AUR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -78.59% of loss for the given period.

Volatility was left at 8.77%, however, over the last 30 days, the volatility rate increased by 9.16%, as shares sank -22.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.00% upper at present.

During the last 5 trading sessions, AUR rose by +0.72%, which changed the moving average for the period of 200-days by -51.72% in comparison to the 20-day moving average, which settled at $1.5060. In addition, Aurora Innovation Inc. saw 15.70% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at AUR starting from Anderson Sterling, who sale 93,304 shares at the price of $2.08 back on Feb 03. After this action, Anderson Sterling now owns 2,244,235 shares of Aurora Innovation Inc., valued at $194,511 using the latest closing price.

Anderson Sterling, the Director of Aurora Innovation Inc., sale 49,563 shares at $2.05 during a trade that took place back on Feb 02, which means that Anderson Sterling is holding 253,497 shares at $101,609 based on the most recent closing price.

Stock Fundamentals for AUR

Current profitability levels for the company are sitting at:

  • -1085.29 for the present operating margin
  • +26.47 for the gross margin

The net margin for Aurora Innovation Inc. stands at -2533.82. Equity return is now at value -74.10, with -67.60 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 13.47.

Conclusion

In conclusion, Aurora Innovation Inc. (AUR) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.