Aurora Innovation Inc. (AUR) Is A Stock You Should Watch

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BEPC Stock
BEPC Stock

As of Wednesday close, Aurora Innovation Inc.’s (NASDAQ:AUR) stock was down -$0.01, moving down -0.70 percent to $1.41. The average number of shares traded per day over the past five days has been 2,376,340 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.3400 fall in that time frame. In the last twenty days, the average volume was 2,310,155, while in the previous 50 days, it was 2,090,102.

Since last month, AUR stock retreated -36.49%. Shares of the company fell to $1.3301 on 11/23/22, the lowest level in the past month. A 52-week high of $14.25 was reached on 01/04/22 after having rallying from a 52-week low of $1.40. Since the beginning of this year, AUR’s stock price has dropped by -87.48% or -$9.8500, and marked a new high 2 times. However, the stock has declined by -90.11% since its 52-week high.


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Financial Health

In the three months ended June 29, Aurora Innovation Inc.’s quick ratio stood at 16.50, while its current ratio was 16.50, showing that the company is able to pay off its debt. Based on annual data, AUR earned $82.54 million in gross profit and brought in $82.54 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -21.70%. Return on equity (ROE) for the past 12 months was -61.90%.

According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. AUR’s revenue rose 100.0% to $20.73 million during the quarter, while net income inched up to $2.9 million. While analysts expected Aurora Innovation Inc. to report -$0.18 quarterly earnings, the actual figure was -$0.14 per share, beating the consensus estimate by 22.20%. During the quarter, the company generated -$194.75 million in EBITDA. The liabilities of Aurora Innovation Inc. were 221.81 million at the end of its most recent quarter ended June 29, and its total debt was $137.48 million. The value of shareholders’ equity is $1.16 billion.

Technical Picture

This quick technical analysis looks at Aurora Innovation Inc.’s (AUR) price momentum. With a historical volatility rate of 88.52%, the RSI 9-day stood at 24.36% on 23 November.

With respect to its five-day moving average, the current Aurora Innovation Inc. price is down by -19.43% percent or -$0.3400. At present, AUR shares trade -35.91% below its 20-day simple moving average and -33.49% percent below its 100-day simple moving average. However, the stock is currently trading approximately -50.61% below its SMA50 and -76.02% below its SMA200.

Stochastic coefficient K was 5.20% and Stochastic coefficient D was 7.87%, while ATR was 0.1432. Given the Stochastic reading of 11.10% for the 14-day period, the RSI (14) reading has been calculated as 29.61%. As of today, the MACD Oscillator reading stands at -0.2133, while the 14-day reading stands at -0.2580.

Analyst Ratings

Goldman launched its rating on Aurora Innovation Inc. (NASDAQ: AUR) to a Neutral in a note to investors on December 16, 2021. Aurora Innovation Inc. (AUR) has been rated Overweight by analysts. According to 0 brokerage firms, AUR is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Aurora Innovation Inc. stock as buy, with 2 recommending it as overweight.

With a median target price of $4.80, the current consensus forecast for the stock is $2.50 – $8.00. Based on these forecasts, analysts predict Aurora Innovation Inc. (AUR) will achieve an average price target of $5.02.

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