As of Thursday close, Aurora Innovation Inc.’s (NASDAQ:AUR) stock was down -$0.07, moving down -2.16 percent to $3.17. The average number of shares traded per day over the past five days has been 6,412,460 shares. 3 times new highs have been achieved over the past 5 days, with a $0.37 gain in that time frame. In the last twenty days, the average volume was 7,485,045, while in the previous 50 days, it was 9,513,252.
Since last month, AUR stock rose 2.92%. Shares of the company fell to $2.78 on 08/24/23, the lowest level in the past month. A 52-week high of $3.79 was reached on 08/15/23 after having rallying from a 52-week low of $1.10. Since the beginning of this year, AUR’s stock price has risen by 161.98% or $1.96, and marked a new high 26 times. However, the stock has declined by -16.36% since its 52-week high.
AUR stock investors should be aware that Aurora Innovation Inc. (AUR) stock had its last reported insider trading activity 10 days ago on Aug 22. Anderson Sterling, the Director of the company, disposed of 15,613 shares for $3.22 on Aug 22. It resulted in a $50,200 divestment by the insider. Anderson Sterling sold 180,274 shares at an average price of $3.52 on Aug 16. The insider now owns 92,899 shares following the transaction. On Aug 15, Director Anderson Sterling sold 200,000 shares at $3.67 apiece. The transaction was valued at $734,200.
Valuation Metrics
The stock’s beta is 2.52. Besides these, the trailing price-to-sales (P/S) ratio of 810.12, the price-to-book (PB) ratio of 2.58.
Financial Health
In the three months ended June 29, Aurora Innovation Inc.’s quick ratio stood at 9.40, while its current ratio was 9.40, showing that the company is able to pay off its debt. Based on annual data, AUR earned $68.0 million in gross profit and brought in $68.0 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 -103.80%. Return on equity (ROE) for the past 12 months was -52.60%.
While analysts expected Aurora Innovation Inc. to report -$0.17 quarterly earnings, the actual figure was -$0.18 per share, beating the consensus estimate by -5.90%. During the quarter, the company generated -$212.0 million in EBITDA. The liabilities of Aurora Innovation Inc. were 229.0 million at the end of its most recent quarter ended June 29, and its total debt was $134.0 million. The value of shareholders’ equity is $1.49 billion.
Technical Picture
This quick technical analysis looks at Aurora Innovation Inc.’s (AUR) price momentum. With a historical volatility rate of 95.80%, the RSI 9-day stood at 49.54% on 31 August.
With respect to its five-day moving average, the current Aurora Innovation Inc. price is up by +13.21% percent or $0.37. At present, AUR shares trade +2.92% above its 20-day simple moving average and +140.15% percent above its 100-day simple moving average. However, the stock is currently trading approximately +30.45% above its SMA50 and +76.11% above its SMA200.
Stochastic coefficient K was 43.89% and Stochastic coefficient D was 41.36%, while ATR was 0.24. Given the Stochastic reading of 38.61% for the 14-day period, the RSI (14) reading has been calculated as 51.04%. As of today, the MACD Oscillator reading stands at 0.08, while the 14-day reading stands at -0.02.
Analyst Ratings
Canaccord Genuity launched its rating on Aurora Innovation Inc. (NASDAQ: AUR) to a Buy in a note to investors on June 07, 2023. 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 $7.00, the current consensus forecast for the stock is $3.00 – $7.00. Based on these forecasts, analysts predict Aurora Innovation Inc. (AUR) will achieve an average price target of $5.67.
