Market Highlights: Aurora Innovation Inc (AUR) Ends on a High Note at 5.81

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The price of Aurora Innovation Inc (NASDAQ: AUR) closed at $5.81 in the last session, up 11.84% from day before closing price of $5.20. In other words, the price has increased by $11.84 from its previous closing price. On the day, 13.65 million shares were traded. AUR stock price reached its highest trading level at $5.89 during the session, while it also had its lowest trading level at $5.15.

Ratios:

We take a closer look at AUR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 13.71 and its Current Ratio is at 13.71. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on January 03, 2024, Downgraded its rating to Sell and sets its target price to $2 from $1.75 previously.

On September 19, 2023, TD Cowen started tracking the stock assigning a Market Perform rating and target price of $3.

On September 12, 2023, Evercore ISI started tracking the stock assigning a In-line rating and target price of $4.Evercore ISI initiated its In-line rating on September 12, 2023, with a $4 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 15 ’24 when Hoffman Reid sold 45,600 shares for $3.16 per share. The transaction valued at 144,146 led to the insider holds 389,694 shares of the business.

Hoffman Reid sold 1,013,781 shares of AUR for $3,132,076 on May 14 ’24. The Director now owns 391,974 shares after completing the transaction at $3.09 per share. On May 13 ’24, another insider, Hoffman Reid, who serves as the Director of the company, sold 338,000 shares for $3.19 each. As a result, the insider received 1,079,403 and left with 442,663 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AUR now has a Market Capitalization of 9984019456 and an Enterprise Value of 8860048384.

Stock Price History:

Over the past 52 weeks, AUR has reached a high of $7.01, while it has fallen to a 52-week low of $1.72. The 50-Day Moving Average of the stock is 8.60%, while the 200-Day Moving Average is calculated to be 61.70%.

Shares Statistics:

According to the various share statistics, AUR traded on average about 9.19M shares per day over the past 3-months and 8661810 shares per day over the past 10 days. A total of 1.16B shares are outstanding, with a floating share count of 928.59M. Insiders hold about 44.91% of the company’s shares, while institutions hold 46.88% stake in the company. Shares short for AUR as of 1728950400 were 89597787 with a Short Ratio of 9.75, compared to 1726185600 on 90165896. Therefore, it implies a Short% of Shares Outstanding of 89597787 and a Short% of Float of 8.89.

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