Aurora Innovation Inc (NASDAQ:AUR) does about 9.74M shares in volume on a normal day but saw 9813059 shares change hands in the recent trading day. The company now has a market cap of 10.38B USD. Its current market price is $6.06, marking a decrease of -6.34% compared to the previous close of $6.47. The 52 week high reached by this stock is $7.01 whilst the lowest price level in 52 weeks is $2.10.
Aurora Innovation Inc (AUR) has a 20-day trading average at $5.82 and the current price is -13.49% off the 52-week high compared with 188.57% distance from its 52-week low. The 50-day simple moving average of the closing price is $5.88 and its 200-day simple moving average is $3.86. If we look at the stock’s price movements over the week, volatility stands at 7.21%, which increases to 9.18% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 51.49 to suggest the stock is neutral.
The consensus objective for the share price is $4.42, suggesting that the stock has a potential downside of -37.1% over the period.
Goldman downgraded the stock to “Sell” from Neutral on January 03, 2024 at a price target of $1.75-$2. TD Cowen initiated its price target at $3.
The current price level is 4.11%, 3.00%, and 57.13% away from its SMA20, SMA50, and SMA200 respectively, with the AUR price moving above the 50-day SMA on current market day. Aurora Innovation Inc (AUR) stock is down -6.63% over the week and 16.65% over the past month. Its price is 38.67% year-to-date and 176.71% over the past year.
To reach the target analysts have set, the stock logically needs to shrink -37.1 percent from here.
The company has a return on investment of -35.12% and return on equity of -35.98%. The beta has a value of 2.87. Price to book ratio is 5.14.
