Aurora Innovation Inc (AUR) Is Worth Investing In

Aurora Innovation Inc (NASDAQ:AUR) concluded the trading at $8.06 on Wednesday, January 08 with a fall of -3.99% from its closing price on previous day.

Taking a look at stock we notice that its last check on previous day was $8.39 and 5Y monthly beta was reading 2.835 with its price kept floating in the range of $7.37 and $8.15 on the day. Considering stock’s 52-week price range provides that AUR hit a high price of $9.83 and saw its price falling to a low level of $2.10 during that period. Over a period of past 1-month, stock came adding 2.61% in its value.

In contrast, when we review AUR stock’s current outlook then short term indicators are assigning it an average of 100% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 100% Buy for it.

Digging deeper we become aware of the PEG ratio of the AUR stock which is currently positioned at 0. It further provides that stock’s current price level is 12.14% away from its 20-day simple moving average and is 23.61% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 59.83 while volatility remained at 11.88% over the past week which changes to 9.45% when measuring it over the past month. Beta is valued at 2.85, while measure of average true range or ATR is currently at 0.80.

Having a second look at Aurora Innovation Inc (NASDAQ:AUR) provides that stock’s average daily trading volume for 3 months was 12.10 million, while it jumped to 18598160 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 1.35 billion.

The percentage of outstanding shares held by the insiders is 43.30% while it is 50.94% for the institutional holders. The figures also indicate that as of 2024-12-13, number of stock’s short shares was 64.74 million which implies a short ratio of 5.11. This shows down a 639.00 of Short Interest in company’s outstanding shares on the day. In December the standing of shares short improved as it was 78.35 million in the previous month. Addition of 27.86% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

Most Popular