The price of Aurora Innovation Inc (NASDAQ:AUR) shares last traded on Wall Street rose 6.42% to $2.82.
AUR stock price is now 1.69% away from the 50-day moving average and 1.17% away from the 200-day moving average. The market capitalization of the company currently stands at $4.33B.
With the price target enhanced from $1.75 to $2, Goldman Downgraded its rating from Neutral to Sell for Aurora Innovation Inc (NASDAQ: AUR). On September 19, 2023, TD Cowen recently initiated its ‘Market Perform’ rating on the stock quoting a target price of $3, while ‘Evercore ISI’ rates the stock as ‘In-line’
In other news, Hoffman Reid, Director sold 80,000 shares of the company’s stock on Mar 01 ’24. The stock was sold for $207,440 at an average price of $2.59. Upon completion of the transaction, the Director now directly owns 459,563 shares in the company, valued at $1.3 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 29 ’24, Director Hoffman Reid sold 1,000,000 shares of the business’s stock. A total of $2,521,500 was realized by selling the stock at an average price of $2.52. This leaves the insider owning 463,563 shares of the company worth $1.31 million. A total of 53.19% of the company’s stock is owned by insiders.
During the past 12 months, Aurora Innovation Inc has had a low of $1.20 and a high of $4.81. As of last week, the company has a debt-to-equity ratio of 0.06, a current ratio of 10.96, and a quick ratio of 10.96. The fifty day moving average price for AUR is $2.7676 and a two-hundred day moving average price translates $2.7901 for the stock.
The latest earnings results from Aurora Innovation Inc (NASDAQ: AUR) was released for Dec, 2023. According to the Information Technology Services Company, earnings per share came in at -$0.13, beating analysts’ expectations of -$0.15 by 0.02. This compares to -$0.25 EPS in the same period last year.
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 vehicles. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.
