Aurora Innovation Inc (NASDAQ:AUR) does about 10.65M shares in volume on a normal day but saw 13937620 shares change hands in the recent trading day. The company now has a market cap of 13.00B USD. Its current market price is $7.99, marking an increase of 14.63% compared to the previous close of $6.97. 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 $6.69 and the current price is -0.75% off the 52-week high compared with 280.48% distance from its 52-week low. The 50-day simple moving average of the closing price is $6.17 and its 200-day simple moving average is $4.08. If we look at the stock’s price movements over the week, volatility stands at 10.00%, which decreases to 9.89% 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 64.90 to suggest the stock is neutral.
The consensus objective for the share price is $5.35, suggesting that the stock has a potential downside of -49.35% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 10, 2024 when Cantor Fitzgerald initiated the stock to “Overweight” and issued a price target of $10. Goldman downgraded its price target at $1.75-$2.
The current price level is 19.46%, 29.54%, and 95.85% 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 4.86% over the week and 48.51% over the past month. Its price is 82.84% year-to-date and 121.94% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and -0.44 for whole year. In addition, estimates put the company’s current quarterly revenue at an average of $200k.
To reach the target analysts have set, the stock logically needs to shrink -49.35 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 6.78.
