Moreover, the 36-month beta value for AUR is 2.79. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 1 as “sell.”
The public float for AUR is 928.59M and currently, short sellers hold a 10.56% of that float. On September 23, 2024, AUR’s average trading volume was 10.50M shares.
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AUR) stock’s latest price update
Aurora Innovation Inc (NASDAQ: AUR)’s stock price has gone decline by -4.21 in comparison to its previous close of 5.22, however, the company has experienced a -0.99% decrease in its stock price over the last five trading days. seekingalpha.com reported 2024-09-17 that Aurora Innovation is poised to launch a viable autonomous trucking solution soon, with a likely first-mover advantage and strong partnerships. AUR’s limited competition could enable it to secure lucrative customers and market share quickly. Uber’s significant investment and partnership with Aurora suggest strong support and potential discounts for Uber Freight customers to adopt Aurora’s technology.
AUR’s Market Performance
AUR’s stock has fallen by -0.99% in the past week, with a monthly rise of 29.53% and a quarterly rise of 114.59%. The volatility ratio for the week is 8.60% while the volatility levels for the last 30 days are 8.89% for Aurora Innovation Inc The simple moving average for the last 20 days is 13.17% for AUR’s stock, with a simple moving average of 55.34% 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 “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 21.44% 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 -5.21% of loss for the given period.
Volatility was left at 8.89%, however, over the last 30 days, the volatility rate increased by 8.60%, as shares surge +37.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +51.06% upper at present.
During the last 5 trading sessions, AUR fell by -0.99%, which changed the moving average for the period of 200-days by +105.76% in comparison to the 20-day moving average, which settled at $4.49. In addition, Aurora Innovation Inc saw 14.42% 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 Hoffman Reid, who sale 45,600 shares at the price of $3.16 back on May 15 ’24. After this action, Hoffman Reid now owns 389,694 shares of Aurora Innovation Inc, valued at $144,146 using the latest closing price.
Hoffman Reid, the Director of Aurora Innovation Inc, sale 1,013,781 shares at $3.09 during a trade that took place back on May 14 ’24, which means that Hoffman Reid is holding 391,974 shares at $3,132,076 based on the most recent closing price.
Stock Fundamentals for AUR
The total capital return value is set at -0.44. Equity return is now at value -46.04, with -40.58 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 -5.36.
Currently, EBITDA for the company is -787.0 million with net debt to EBITDA at 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 12.88.
Conclusion
To wrap up, the performance of Aurora Innovation Inc (AUR) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
