Aurora Innovation Inc (NASDAQ:AUR) does about 10.39M shares in volume on a normal day but saw 10560053 shares change hands in the recent trading day. The company now has a market cap of 14.85B USD. Its current market price is $7.62, marking a decrease of -2.93% compared to the previous close of $7.85. The 52 week high reached by this stock is $8.05 whilst the lowest price level in 52 weeks is $2.10.
Aurora Innovation Inc (AUR) has a 20-day trading average at $6.16 and the current price is -5.34% off the 52-week high compared with 262.86% distance from its 52-week low. The 50-day simple moving average of the closing price is $5.98 and its 200-day simple moving average is $3.96. If we look at the stock’s price movements over the week, volatility stands at 10.32%, which decreases to 9.16% 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 65.02 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 -72.4% 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 23.69%, 27.44%, and 92.42% away from its SMA20, SMA50, and SMA200 respectively, with the AUR price moving below the 50-day SMA on current market day. Aurora Innovation Inc (AUR) stock is up 25.74% over the week and 38.80% over the past month. Its price is 74.37% year-to-date and 189.73% over the past year.
To reach the target analysts have set, the stock logically needs to shrink -72.4 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 6.47.
