The stock of Allurion Technologies Inc (ALUR) has gone down by -47.24% for the week, with a -45.84% drop in the past month and a -45.24% drop in the past quarter. The volatility ratio for the week is 28.64%, and the volatility levels for the past 30 days are 13.81% for ALUR. The simple moving average for the past 20 days is -42.47% for ALUR’s stock, with a -73.80% simple moving average for the past 200 days.
Is It Worth Investing in Allurion Technologies Inc (NYSE: ALUR) Right Now?
The stock has a 36-month beta value of -0.46. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for ALUR is 46.79M, and at present, short sellers hold a 1.43% of that float. On November 19, 2024, the average trading volume of ALUR was 209.14K shares.
ALUR) stock’s latest price update
The stock price of Allurion Technologies Inc (NYSE: ALUR) has surged by 11.31 when compared to previous closing price of 0.34, but the company has seen a -47.24% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-13 that Allurion Technologies Inc. (NYSE:ALUR ) Q3 2024 Earnings Conference Call November 13, 2024 8:30 AM ET Company Participants Mike Cavanaugh – Investor Relations Shantanu Gaur – Founder and Chief Executive Officer Brian Conyer – Vice President-Digital Health Adrian Wild – Senior Vice President-International Commercial Chris Geberth – Chief Financial Officer Conference Call Participants Josh Jennings – TD Cowen Matt Taylor – Jefferies Operator Thank you for standing by. My name is John, and I’ll be your conference operator today.
Analysts’ Opinion of ALUR
TD Cowen, 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 October 02nd, 2024.
ROTH MKM gave a rating of “Buy” to ALUR, setting the target price at $2 in the report published on September 06th of the current year.
ALUR Trading at -42.30% 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 -91.59% of loss for the given period.
Volatility was left at 13.81%, however, over the last 30 days, the volatility rate increased by 28.64%, as shares sank -45.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -43.75% lower at present.
During the last 5 trading sessions, ALUR fell by -47.24%, which changed the moving average for the period of 200-days by -87.01% in comparison to the 20-day moving average, which settled at $0.6637. In addition, Allurion Technologies Inc saw -89.79% 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:
- -1.69 for the present operating margin
- 0.72 for the gross margin
The net margin for Allurion Technologies Inc stands at -0.71. The total capital return value is set at -1.86. Equity return is now at value -1715.20, with -28.89 for asset returns.
Based on Allurion Technologies Inc (ALUR), the company’s capital structure generated -1.53 points at debt to capital in total, while cash flow to debt ratio is standing at -1.29. The debt to equity ratio resting at -0.6. The interest coverage ratio of the stock is -10.65.
Currently, EBITDA for the company is -69.03 million with net debt to EBITDA at -0.46. When we switch over and look at the enterprise to sales, we see a ratio of 0.99. The receivables turnover for the company is 3.5for trailing twelve months and the total asset turnover is 0.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.33.
Conclusion
To sum up, Allurion Technologies Inc (ALUR) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.
