Aurora Innovation Inc (AUR): A Technical Analysis

AUR has 36-month beta value of 2.80. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 1 as “sell.”

The public float for AUR is 961.51M, and currently, short sellers hold a 8.73% ratio of that float. The average trading volume of AUR on November 18, 2024 was 8.96M shares.

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AUR) stock’s latest price update

Aurora Innovation Inc (NASDAQ: AUR)’s stock price has gone decline by -7.25 in comparison to its previous close of 5.38, however, the company has experienced a -11.05% decrease in its stock price over the last five trading days. businesswire.com reported 2024-11-07 that ROCKVILLE, Md. & EDMONTON, Alberta–(BUSINESS WIRE)–Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) (Aurinia or the Company) today issued its financial results for the third quarter and nine months ended September 30, 2024. With continued strong commercial execution, the Company achieved significant year-over-year growth in total net revenue and net product revenue and $17.0 million in cash flow from operations in the third quarter. Having achieved $158.6 million in net product revenue for the nin.

AUR’s Market Performance

Aurora Innovation Inc (AUR) has experienced a -11.05% fall in stock performance for the past week, with a -19.52% drop in the past month, and a 32.01% rise in the past quarter. The volatility ratio for the week is 7.71%, and the volatility levels for the past 30 days are at 8.04% for AUR. The simple moving average for the past 20 days is -14.29% for AUR’s stock, with a 34.73% 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 -10.57% 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 -28.77% of loss for the given period.

Volatility was left at 8.04%, however, over the last 30 days, the volatility rate increased by 7.71%, as shares sank -20.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +27.95% upper at present.

During the last 5 trading sessions, AUR fell by -11.05%, which changed the moving average for the period of 200-days by +58.92% in comparison to the 20-day moving average, which settled at $5.82. In addition, Aurora Innovation Inc saw 14.19% 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 1,515,117 shares at the price of $5.37 back on Nov 14 ’24. After this action, Hoffman Reid now owns 49,244 shares of Aurora Innovation Inc, valued at $8,140,421 using the latest closing price.

Hoffman Reid, the Director of Aurora Innovation Inc, sale 1,181,400 shares at $5.60 during a trade that took place back on Nov 13 ’24, which means that Hoffman Reid is holding 125,000 shares at $6,617,730 based on the most recent closing price.

Stock Fundamentals for AUR

The total capital return value is set at -0.36. Equity return is now at value -35.98, with -32.34 for asset returns.

Based on Aurora Innovation Inc (AUR), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -40.13.

Currently, EBITDA for the company is -748.0 million with net debt to EBITDA at 0.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 13.71.

Conclusion

To put it simply, Aurora Innovation Inc (AUR) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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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