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Allurion Technologies Inc (NYSE: ALUR) closed the day trading at $0.52 down -26.34% from the previous closing price of $0.71. In other words, the price has decreased by -$26.34 from its previous closing price. On the day, 0.75 million shares were traded. ALUR stock price reached its highest trading level at $0.6698 during the session, while it also had its lowest trading level at $0.4921.
Ratios:
For a better understanding of ALUR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 1.71.
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 this company, TD Cowen on October 02, 2024, initiated with a Buy rating and assigned the stock a target price of $2.
On September 06, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $2.
On February 09, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $5.Jefferies initiated its Buy rating on February 09, 2024, with a $5 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 33732888 and an Enterprise Value of 96990704. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71. Its current Enterprise Value per Revenue stands at 2.038 whereas that against EBITDA is -1.485.
Stock Price History:
Over the past 52 weeks, ALUR has reached a high of $4.64, while it has fallen to a 52-week low of $0.55. The 50-Day Moving Average of the stock is -22.76%, while the 200-Day Moving Average is calculated to be -65.04%.
Shares Statistics:
Over the past 3-months, ALUR traded about 175.87K shares per day on average, while over the past 10 days, ALUR traded about 124840 shares per day. A total of 47.69M shares are outstanding, with a floating share count of 47.63M. Insiders hold about 26.03% of the company’s shares, while institutions hold 25.77% stake in the company. Shares short for ALUR as of 1730332800 were 671024 with a Short Ratio of 3.82, compared to 1727654400 on 649834. Therefore, it implies a Short% of Shares Outstanding of 671024 and a Short% of Float of 1.34000005.
