The price of Aurora Innovation Inc (NASDAQ:AUR) shares last traded on Wall Street rose 10.50% to $2.42.
Based on available information, 6 analysts follow Aurora Innovation Inc (NASDAQ:AUR). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $7.00 and a low of $1.75, we find $3.00. Given the previous closing price of $2.19, this indicates a potential upside of 36.99 percent. AUR stock price is now 17.15% away from the 50-day moving average and 12.59% away from the 200-day moving average. The market capitalization of the company currently stands at $3.68B.
Among analysts, 4 rate the stock a hold while 2 rate it a buy. Brokers who have rated the stock have averaged $4.05 as their price target over the next twelve months.
With the price target of $3, TD Cowen recently initiated with Market Perform rating for Aurora Innovation Inc (NASDAQ: AUR).
In other news, Anderson Sterling, Director sold 200,000 shares of the company’s stock on Sep 18. The stock was sold for $707,240 at an average price of $3.54. Upon completion of the transaction, the Director now directly owns 61,933 shares in the company, valued at $0.15 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 12, Director Anderson Sterling sold 3,926 shares of the business’s stock. A total of $13,679 was realized by selling the stock at an average price of $3.48. This leaves the insider owning 61,933 shares of the company worth $0.15 million. Insiders disposed of 8,296,895 shares of company stock worth roughly $20.08 million over the past 1 year. A total of 55.79% of the company’s stock is owned by insiders.
A candlestick chart of Aurora Innovation Inc (NASDAQ: AUR) showed a price of $2.1700 on Friday morning. During the past 12 months, Aurora Innovation Inc has had a low of $1.10 and a high of $3.92. As of last week, the company has a debt-to-equity ratio of 0.06, a current ratio of 16.29, and a quick ratio of 16.29. The fifty day moving average price for AUR is $2.0594 and a two-hundred day moving average price translates $2.1525 for the stock.
The latest earnings results from Aurora Innovation Inc (NASDAQ: AUR) was released for Sep, 2023. The net profit margin was -37850.80% and return on equity was -43.10% for AUR.
Aurora Innovation Inc(AUR) Company Profile
Aurora Innovation, Inc. operates as a self-driving technology company in the United States. It focuses on developing Aurora Driver, a platform that brings a suite of self-driving hardware, software, and data services together to adapt and interoperate passenger vehicles, light commercial vehicles, and trucks. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.
