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.
Allurion Technologies Inc (NYSE: ALUR) closed the day trading at $3.45 down -3.63% from the previous closing price of $3.58. In other words, the price has decreased by -$3.63 from its previous closing price. On the day, 1.86 million shares were traded. ALUR stock price reached its highest trading level at $3.7699 during the session, while it also had its lowest trading level at $3.18.
Ratios:
For a better understanding of ALUR, let’s look at 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 20567900 and an Enterprise Value of 58270140. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59. Its current Enterprise Value per Revenue stands at 1.677 whereas that against EBITDA is -1.155.
Stock Price History:
The Beta on a monthly basis for ALUR is -0.67, which has changed by -0.9262032 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. Over the past 52 weeks, ALUR has reached a high of $98.75, while it has fallen to a 52-week low of $2.15. The 50-Day Moving Average of the stock is -13.68%, while the 200-Day Moving Average is calculated to be -76.93%.
Shares Statistics:
Over the past 3-months, ALUR traded about 2.81M shares per day on average, while over the past 10 days, ALUR traded about 7987160 shares per day. A total of 5.96M shares are outstanding, with a floating share count of 5.19M. Insiders hold about 13.00% of the company’s shares, while institutions hold 24.75% stake in the company. Shares short for ALUR as of 1740700800 were 125655 with a Short Ratio of 0.04, compared to 1738281600 on 357907. Therefore, it implies a Short% of Shares Outstanding of 125655 and a Short% of Float of 2.4500001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
