The trading price of Aurora Innovation Inc (NASDAQ:AUR) closed higher on Friday, January 17, and closing at $6.80, 3.03% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $6.705 and $7.16. In examining the 52-week price action we see that the stock hit a 52-week high of $9.83 and a 52-week low of $2.10. Over the past month, the stock has lost -14.89% in value.
Aurora Innovation Inc, whose market valuation is $11.69 billion at the time of this writing, is expected to release its quarterly earnings report in February. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -0.12 per share this quarter, however they have predicted annual earnings per share of -0.46 for current year and -0.49 for next year.
From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 166.67k.
On the technical side, indicators suggest AUR has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that AUR’s price is currently -1.64% off the SMA20 and 3.47% off the SMA50. The RSI metric on the 14-day chart is currently showing 49.68, and weekly volatility stands at 7.47%. When measured over the past 30 days, the indicator reaches 9.15%. Aurora Innovation Inc (NASDAQ:AUR)’s beta value is currently sitting at 2.86, while the Average True Range indicator is currently displaying 0.75.
To see how Aurora Innovation Inc stock has been performing in comparison to its peers in the industry, here are the numbers: AUR stock’s performance was 3.03% in the latest trading, and 119.35% in the past year.
An evaluation of the daily trading volume of Aurora Innovation Inc (NASDAQ:AUR) indicates that the 3-month average is 12.92 million. However, this figure has increased over the past 10 days to an average of 22.13.
Currently, records show that 1.35 billion of the company’s shares remain outstanding. The insiders hold 43.30% of outstanding shares, whereas institutions hold 50.94%. The stats also highlight that short interest as of 2024-12-31, stood at 65.35 million shares, resulting in a short ratio of 5.67 at that time. From this, we can conclude that short interest is 645.00 of the company’s total outstanding shares. It is noteworthy that short shares in December were down slightly from the previous month’s figure, which was 76.13 million. However, since the stock’s price has seen 7.94% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
