Analyzing the Price-to-Earnings Ratio of Allurion Technologies Inc (ALUR)

The 36-month beta value for ALUR is also noteworthy at -0.03. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

The public float for ALUR is 36.21M, and at present, short sellers hold a 0.80% of that float. The average trading volume of ALUR on April 04, 2024 was 31.61K shares.

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ALUR) stock’s latest price update

The stock price of Allurion Technologies Inc (NYSE: ALUR) has jumped by 88.51 compared to previous close of 1.73. Despite this, the company has seen a gain of 85.30% in its stock price over the last five trading days. Seeking Alpha reported 2024-03-21 that Allurion Technologies Inc. (ALUR) Q4 2023 Earnings Call Transcript

ALUR’s Market Performance

ALUR’s stock has risen by 85.30% in the past week, with a monthly rise of 16.47% and a quarterly drop of -2.36%. The volatility ratio for the week is 13.08% while the volatility levels for the last 30 days are 11.21% for Allurion Technologies Inc The simple moving average for the last 20 days is 45.27% for ALUR’s stock, with a simple moving average of -31.79% for the last 200 days.

Analysts’ Opinion of ALUR

Many brokerage firms have already submitted their reports for ALUR stocks, with Jefferies repeating the rating for ALUR by listing it as a “Buy.” The predicted price for ALUR in the upcoming period, according to Jefferies is $5 based on the research report published on February 09, 2024 of the current year 2024.

ALUR Trading at 21.16% from the 50-Day Moving Average

After a stumble in the market that brought ALUR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -70.19% of loss for the given period.

Volatility was left at 11.21%, however, over the last 30 days, the volatility rate increased by 13.08%, as shares surge +33.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.75% upper at present.

During the last 5 trading sessions, ALUR rose by +113.07%, in comparison to the 20-day moving average, which settled at $2.2920. In addition, Allurion Technologies Inc saw -12.80% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for ALUR

Current profitability levels for the company are sitting at:

  • -1.48 for the present operating margin
  • 0.77 for the gross margin

The net margin for Allurion Technologies Inc stands at -1.51. The total capital return value is set at -12.58. Equity return is now at value -972.83, with -91.12 for asset returns.

Based on Allurion Technologies Inc (ALUR), the company’s capital structure generated -1.46 points at debt to capital in total, while cash flow to debt ratio is standing at -1.53. The debt to equity ratio resting at -0.59. The interest coverage ratio of the stock is -7.48.

Currently, EBITDA for the company is -77.33 million with net debt to EBITDA at -0.05. When we switch over and look at the enterprise to sales, we see a ratio of 3.02. The receivables turnover for the company is 2.94for trailing twelve months and the total asset turnover is 0.75. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.99.

Conclusion

In summary, Allurion Technologies Inc (ALUR) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as 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.

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