The stock price of Aura Biosciences Inc (NASDAQ: AURA) has jumped by 2.51 compared to previous close of 7.16. Despite this, the company has seen a gain of 1.94% in its stock price over the last five trading days. globenewswire.com reported 2024-05-23 that BOSTON, May 23, 2024 (GLOBE NEWSWIRE) — Aura Biosciences, Inc. (NASDAQ: AURA), a clinical-stage biotechnology company developing precision immunotherapies to treat solid tumors designed to preserve the function of the organ with cancer, today announced that it will host a virtual KOL event on Wednesday, May 29, 2024 at 2:00 PM ET. To register, click here.
Is It Worth Investing in Aura Biosciences Inc (NASDAQ: AURA) Right Now?
The 36-month beta value for AURA is also noteworthy at 0.35. 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.”
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The public float for AURA is 39.00M, and at present, short sellers hold a 7.09% of that float. The average trading volume of AURA on May 24, 2024 was 185.95K shares.
AURA’s Market Performance
The stock of Aura Biosciences Inc (AURA) has seen a 1.94% increase in the past week, with a 3.38% rise in the past month, and a -17.44% fall in the past quarter. The volatility ratio for the week is 6.18%, and the volatility levels for the past 30 days are at 5.53% for AURA.. The simple moving average for the past 20 days is -0.70% for AURA’s stock, with a -13.73% simple moving average for the past 200 days.
Analysts’ Opinion of AURA
BTIG Research, on the other hand, stated in their research note that they expect to see AURA reach a price target of $38. The rating they have provided for AURA stocks is “Buy” according to the report published on April 17th, 2023.
JMP Securities gave a rating of “Mkt Outperform” to AURA, setting the target price at $26 in the report published on July 19th of the previous year.
AURA Trading at -1.79% from the 50-Day Moving Average
After a stumble in the market that brought AURA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -45.63% of loss for the given period.
Volatility was left at 5.53%, however, over the last 30 days, the volatility rate increased by 6.18%, as shares surge +3.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.32% lower at present.
During the last 5 trading sessions, AURA rose by +1.94%, which changed the moving average for the period of 200-days by -37.74% in comparison to the 20-day moving average, which settled at $7.40. In addition, Aura Biosciences Inc saw -17.16% 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 AURA starting from de los Pinos Elisabet, who sale 15,853 shares at the price of $7.64 back on Jan 23 ’24. After this action, de los Pinos Elisabet now owns 161,438 shares of Aura Biosciences Inc, valued at $121,141 using the latest closing price.
Feder Julie B, the Chief Financial Officer of Aura Biosciences Inc, sale 6,609 shares at $7.64 during a trade that took place back on Jan 23 ’24, which means that Feder Julie B is holding 62,991 shares at $50,521 based on the most recent closing price.
Stock Fundamentals for AURA
Current profitability levels for the company are sitting at:
- -41.77 for the present operating margin
- 0.35 for the gross margin
The net margin for Aura Biosciences Inc stands at -38.25. The total capital return value is set at -0.38. Equity return is now at value -40.43, with -35.66 for asset returns.
Based on Aura Biosciences Inc (AURA), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at -3.72. The debt to equity ratio resting at 0.09. The interest coverage ratio of the stock is -37.24.
Currently, EBITDA for the company is -83.7 million with net debt to EBITDA at 0.08. When we switch over and look at the enterprise to sales, we see a ratio of 173.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 21.97.
Conclusion
In summary, Aura Biosciences Inc (AURA) 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.
