In yesterday’s Wall Street session, Aurora Innovation Inc (NASDAQ:AUR) shares traded at $2.24, down -0.44% from the previous session.
AUR stock price is now -23.67% away from the 50-day moving average and -18.64% away from the 200-day moving average. The market capitalization of the company currently stands at $3.44B.
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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 $1.03 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 $1.04 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 $1.14 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 $2.9138 and a two-hundred day moving average price translates $2.7578 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.
