Allurion Technologies Inc (NYSE:ALUR) traded at $5.39 at last check on current trade day and made an upward move of 4.65% on its previous day’s price.
Looking at the stock we see that its previous close was $5.15 and the beta (5Y monthly) reads -0.728 with the day’s price range being $4.9001 – $5.467. 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 gained about 72.74% over that past 30 days.
Allurion Technologies Inc has a market cap of $25.83 million and is expected to release its quarterly earnings report in March.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 5.6M, with a low of 5.6M and a high of 5.6M. The median projection represents growth adding up to -32.00% 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 32.1M, or -39.96% 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 -2.78% off its SMA20 and -22.18% from its 50-day simple moving average. The RSI (14) is pointing at 45.82 while the volatility over the past week is 12.57% and jumps to 23.56% over the past one month. The beta value is -0.68, while the average true range (ATR) is currently pointing at 1.27. 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 7.24% and 7.24% off the today’s price level respectively, although investors could be excited at the prospect of a 7.24% 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 1.41 million, while that of the preceding 10-day period stands at 0.25 million. Current shares outstanding are 4.79 million.
The insiders hold 16.17% of the company’s shares while institutions hold 31.22%. The data shows that short shares as of 2025-01-31, stood at 0.36 million at a short ratio of 0.09. This represents a 903.00 short interest in shares outstanding on 2025-01-31. Shares short rose in January from the previous month at 46722.0. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -49.86% down in year-to-date price movement.
