Company’s 36-month beta value is -0.33.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ALUR is 47.61M, and currently, short sellers hold a 1.36% ratio of that floaft. The average trading volume of ALUR on October 17, 2024 was 191.08K shares.
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ALUR) stock’s latest price update
Allurion Technologies Inc (NYSE: ALUR)’s stock price has soared by 10.66 in relation to previous closing price of 0.69. Nevertheless, the company has seen a gain of 10.48% in its stock price over the last five trading days. benzinga.com reported 2024-10-09 that Most investors’ definition of a penny stock has broadened to include not just companies trading at less than $1 per share, but also those with slightly higher stock prices up to about $5 per share. Regardless of your exact threshold, these firms remain a high-risk, high-reward proposition.
ALUR’s Market Performance
Allurion Technologies Inc (ALUR) has experienced a 10.48% rise in stock performance for the past week, with a 30.18% rise in the past month, and a -12.68% drop in the past quarter. The volatility ratio for the week is 7.79%, and the volatility levels for the past 30 days are at 10.39% for ALUR. The simple moving average for the past 20 days is 14.83% for ALUR’s stock, with a -56.21% simple moving average for the past 200 days.
Analysts’ Opinion of ALUR
Many brokerage firms have already submitted their reports for ALUR stocks, with TD Cowen repeating the rating for ALUR by listing it as a “Buy.” The predicted price for ALUR in the upcoming period, according to TD Cowen is $2 based on the research report published on October 02, 2024 of the current year 2024.
ROTH MKM, on the other hand, stated in their research note that they expect to see ALUR reach a price target of $2. The rating they have provided for ALUR stocks is “Buy” according to the report published on September 06th, 2024.
Jefferies gave a rating of “Buy” to ALUR, setting the target price at $5 in the report published on February 09th of the current year.
ALUR Trading at 15.02% 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 -85.08% of loss for the given period.
Volatility was left at 10.39%, however, over the last 30 days, the volatility rate increased by 7.79%, as shares surge +19.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.84% upper at present.
During the last 5 trading sessions, ALUR rose by +10.48%, which changed the moving average for the period of 200-days by -79.46% in comparison to the 20-day moving average, which settled at $0.6690. In addition, Allurion Technologies Inc saw -79.46% 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:
- -1.52 for the present operating margin
- 0.75 for the gross margin
The net margin for Allurion Technologies Inc stands at -0.79. The total capital return value is set at -3.15. Equity return is now at value -1715.20, with -75.76 for asset returns.
Based on Allurion Technologies Inc (ALUR), the company’s capital structure generated -1.45 points at debt to capital in total, while cash flow to debt ratio is standing at -1.47. The debt to equity ratio resting at -0.59. The interest coverage ratio of the stock is -8.95.
Currently, EBITDA for the company is -77.33 million with net debt to EBITDA at -0.34. When we switch over and look at the enterprise to sales, we see a ratio of 1.55. The receivables turnover for the company is 3.56for trailing twelve months and the total asset turnover is 1.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.71.
Conclusion
In a nutshell, Allurion Technologies Inc (ALUR) 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.
