Company’s 36-month beta value is 2.88.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for AUR is 727.14M, and currently, short sellers hold a 7.61% ratio of that floaft. The average trading volume of AUR on April 15, 2024 was 6.94M shares.
AUR) stock’s latest price update
The stock of Aurora Innovation Inc (NASDAQ: AUR) has decreased by -3.31 when compared to last closing price of 3.17. Despite this, the company has experienced a 2.33% gain in its stock price over the last five trading sessions. InvestorPlace reported 2024-03-21 that Indicating that growth stocks are in the initial stages of a hot comeback, the iShares Russell 2000 (NYSEARCA: IWM ), whose movements are largely determined by growth stocks, is up nearly 5% year-to-date. Moreover, on March 20, the U.S. Federal Reserve’s Summary of Economic projections indicated that the central bank still intends to cut its benchmark rate by 0.75 percentage points this year.
AUR’s Market Performance
Aurora Innovation Inc (AUR) has seen a 2.33% rise in stock performance for the week, with a 38.29% gain in the past month and a -6.12% plunge in the past quarter. The volatility ratio for the week is 5.92%, and the volatility levels for the past 30 days are at 7.07% for AUR. The simple moving average for the past 20 days is 13.19% for AUR’s stock, with a 8.68% simple moving average for the past 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 “Sell.” The predicted price for AUR in the upcoming period, according to Goldman is $2 based on the research report published on January 03, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see AUR reach a price target of $3. The rating they have provided for AUR stocks is “Market Perform” according to the report published on September 19th, 2023.
Evercore ISI gave a rating of “In-line” to AUR, setting the target price at $4 in the report published on September 12th of the previous year.
AUR Trading at 12.05% 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 -36.17% of loss for the given period.
Volatility was left at 7.07%, however, over the last 30 days, the volatility rate increased by 5.92%, as shares surge +36.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.68% upper at present.
During the last 5 trading sessions, AUR rose by +2.33%, which changed the moving average for the period of 200-days by +20.39% in comparison to the 20-day moving average, which settled at $2.75. In addition, Aurora Innovation Inc saw -29.75% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AUR starting from Hoffman Reid, who sale 80,000 shares at the price of $2.59 back on Mar 01 ’24. After this action, Hoffman Reid now owns 459,563 shares of Aurora Innovation Inc, valued at $207,440 using the latest closing price.
Hoffman Reid, the Director of Aurora Innovation Inc, sale 1,000,000 shares at $2.52 during a trade that took place back on Feb 29 ’24, which means that Hoffman Reid is holding 463,563 shares at $2,521,500 based on the most recent closing price.
Stock Fundamentals for AUR
Current profitability levels for the company are sitting at:
- -39.76 for the present operating margin
- -0.62 for the gross margin
The net margin for Aurora Innovation Inc stands at -37.33. The total capital return value is set at -0.39. Equity return is now at value -42.24, with -37.58 for asset returns.
Based on Aurora Innovation Inc (AUR), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at -4.9. The debt to equity ratio resting at 0.06. The interest coverage ratio of the stock is 69.58.
Currently, EBITDA for the company is -787.0 million with net debt to EBITDA at 0.48. When we switch over and look at the enterprise to sales, we see a ratio of 208.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 10.96.
Conclusion
In a nutshell, Aurora Innovation Inc (AUR) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
