Aurora Innovation Inc (NASDAQ:AUR) shares, rose in value, with the stock price up by 2.32% to the previous day’s close as strong demand from buyers drove the stock to $7.13.
Actively observing the price movement in the recent trading, the stock is buoying the session at $6.97, falling within a range of $6.75 and $7.15. The value of beta (5-year monthly) is 2.835. Referring to stock’s 52-week performance, its high was $9.83, and the low was $2.10. On the whole, AUR has fluctuated by -0.67% over the past month.
With the market capitalization of Aurora Innovation Inc currently standing at about $12.26 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February.
Wall Street analysts also predicted that the company’s y-o-y revenues would reach 200k.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AUR’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of AUR currently trading nearly 3.28% and 6.89% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.38, while the 7-day volatility ratio is showing 7.50% which for the 30-day chart, stands at 8.75%. Furthermore, Aurora Innovation Inc (AUR)’s beta value is 2.86, and its average true range (ATR) is 0.71.
A comparison of Aurora Innovation Inc (AUR) with its peers suggests the former has fared considerably weaker in the market. AUR showed an intraday change of 2.32% in today’s session so far, and over the past year, it grew by 117.43%%.
Data on historical trading for Aurora Innovation Inc (NASDAQ:AUR) indicates that the trading volumes over the past 10 days have averaged 22.28 and over the past 3 months, they’ve averaged 13.34 million. According to company’s latest data on outstanding shares, there are 1.35 billion shares outstanding.
Nearly 43.30% of Aurora Innovation Inc’s shares belong to company insiders and institutional investors own 50.94% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 65.35 million shares as on 2024-12-31, resulting in a short ratio of 5.67. According to the data, the short interest in Aurora Innovation Inc (AUR) stood at 645.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 76.13 million. The stock has risen by 13.20% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AUR stock heading into the next quarter.
