Allurion Technologies Inc (NYSE:ALUR) traded at $5.52 at last check on current trade day and made an upward move of 1.29% on its previous day’s price.
Looking at the stock we see that its previous close was $5.45 with the day’s price range being $5.25 – $5.86. In terms of its 52-week price range, ALUR has a high of $98.75 and a low of $2.37. The company’s stock has lost about -49.01% over that past 30 days.
Allurion Technologies Inc has a market cap of $26.46 million and is expected to release its quarterly earnings report in February.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 5.57M, with a low of 3.5M and a high of 6.7M. The median projection represents growth adding up to -32.40% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 32.07M, or -40.03% down from figures reported last year.
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.
Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Allurion Technologies Inc (ALUR) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is -8.15% off its SMA20 and -31.47% from its 50-day simple moving average. The RSI (14) is pointing at 46.07 while the volatility over the past week is 45.90% and jumps to 36.78% over the past one month. The beta value is -0.71, while the average true range (ATR) is currently pointing at 2.15. The average price target for the stock over the next 12 months is $5, with the estimates having a low of $5 and a high of $5. These price ends are 9.42% and 9.42% off the today’s price level respectively, although investors could be excited at the prospect of a 9.42% if the ALUR share price touches on the median price of $5.
Coming back to Allurion Technologies Inc (NYSE:ALUR), we note that the average 3-month trading volume was 1.34 million, while that of the preceding 10-day period stands at 7.96 million. Current shares outstanding are 2.57 million.
The insiders hold 29.90% of the company’s shares while institutions hold 56.91%. The data shows that short shares as of 2025-01-15, stood at 82096.0 at a short ratio of 0.98. This represents a 436.00 short interest in shares outstanding on 2025-01-15. Shares short rose in January from the previous month at 42225.0. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -48.65% down in year-to-date price movement.
