Market Insights: Aurora Innovation Inc (AUR)’s Notable Gain of 0.88, Closing at 6.91

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

As of close of business last night, Aurora Innovation Inc’s stock clocked out at $6.91, up 0.88% from its previous closing price of $6.85. In other words, the price has increased by $0.88 from its previous closing price. On the day, 4.87 million shares were traded. AUR stock price reached its highest trading level at $6.94 during the session, while it also had its lowest trading level at $6.59.

Ratios:

To gain a deeper understanding of AUR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 12.88 and its Current Ratio is at 12.88. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.06.

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:

Investing in insider trades can also provide an investor with insight into how management views future 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 11664563200 and an Enterprise Value of 9932641280.

Stock Price History:

Over the past 52 weeks, AUR has reached a high of $6.93, while it has fallen to a 52-week low of $1.60. The 50-Day Moving Average of the stock is 32.35%, while the 200-Day Moving Average is calculated to be 94.57%.

Shares Statistics:

It appears that AUR traded 8.91M shares on average per day over the past three months and 5953730 shares per day over the past ten days. A total of 1.16B shares are outstanding, with a floating share count of 928.59M. Insiders hold about 44.90% of the company’s shares, while institutions hold 46.77% stake in the company. Shares short for AUR as of 1728950400 were 89597787 with a Short Ratio of 10.06, compared to 1726185600 on 90165896. Therefore, it implies a Short% of Shares Outstanding of 89597787 and a Short% of Float of 8.979999.

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