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As of close of business last night, Allurion Technologies Inc’s stock clocked out at $0.43, down -5.47% from its previous closing price of $0.45. In other words, the price has decreased by -$5.47 from its previous closing price. On the day, 0.77 million shares were traded. ALUR stock price reached its highest trading level at $0.5437 during the session, while it also had its lowest trading level at $0.404.
Ratios:
To gain a deeper understanding of ALUR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.09 and its Current Ratio is at 2.33.
On October 02, 2024, TD Cowen started tracking the stock assigning a Buy rating and target price of $2.
On September 06, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $2.ROTH MKM initiated its Buy rating on September 06, 2024, with a $2 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALUR now has a Market Capitalization of 27862840 and an Enterprise Value of 77049832. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76. Its current Enterprise Value per Revenue stands at 2.217 whereas that against EBITDA is -1.327.
Stock Price History:
Over the past 52 weeks, ALUR has reached a high of $3.95, while it has fallen to a 52-week low of $0.26. The 50-Day Moving Average of the stock is -14.13%, while the 200-Day Moving Average is calculated to be -60.68%.
Shares Statistics:
It appears that ALUR traded 475.72K shares on average per day over the past three months and 678290 shares per day over the past ten days. A total of 64.37M shares are outstanding, with a floating share count of 47.04M. Insiders hold about 27.40% of the company’s shares, while institutions hold 23.57% stake in the company. Shares short for ALUR as of 1734048000 were 1055628 with a Short Ratio of 2.22, compared to 1731628800 on 909638. Therefore, it implies a Short% of Shares Outstanding of 1055628 and a Short% of Float of 2.4.
