Allurion Technologies Inc (NYSE:ALUR) traded at $1.27 at last check on Wednesday, July 03, made an upward move of 0.79% on its previous day’s price.
Looking at the stock we see that its previous close was $1.26. In terms of its 52-week price range, ALUR has a high of $10.94 and a low of $0.83. The company’s stock has lost about -11.20% over that past 30 days.
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Allurion Technologies Inc has a market cap of $60.92 million. Estimates by analysts give the company expected earnings per share (EPS) of -$0.24, with the EPS growth for the year raised at -$0.44 for 2024 and -$0.46 for next year.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $10.9 million, with a low of $10.9 million and a high of $10.9 million.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the ALUR stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note the current price level is -12.80% off its SMA20 and -25.43% from its 50-day simple moving average. The RSI (14) is pointing at 45.03 while the volatility over the past week is 24.85% and jumps to 27.12% over the past one month. The beta value is -0.30, while the average true range (ATR) is currently pointing at 0.36.
Coming back to Allurion Technologies Inc (NYSE:ALUR), we note that the average 3-month trading volume was 2.23 million. Current shares outstanding are 47.69 million.
The insiders hold 34.94% of the company’s shares while institutions hold 18.43%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -66.05% down in year-to-date price movement.
