Is Aurora Innovation Inc (AUR) Holding Up Well Over a Long-Time Horizon?

At the time of writing, Aurora Innovation Inc [AUR] stock is trading at $6.85, up 6.86%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AUR shares have gain 13.41% over the last week, with a monthly amount glided 14.93%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Aurora Innovation Inc [NASDAQ: AUR] stock has seen the most recent analyst activity on January 03, 2024, when Goldman downgraded its rating to a Sell and also boosted its price target to $2 from $1.75. Previously, TD Cowen started tracking the stock with Market Perform rating on September 19, 2023, and set its price target to $3. On September 12, 2023, Evercore ISI initiated with a In-line rating and assigned a price target of $4 on the stock. Canaccord Genuity started tracking the stock assigning a Buy rating and suggested a price target of $5 on June 07, 2023. Goldman initiated its recommendation with a Neutral and recommended $13 as its price target on December 16, 2021.

For the past year, the stock price of Aurora Innovation Inc fluctuated between $1.60 and $6.79. Aurora Innovation Inc [NASDAQ: AUR] shares were valued at $6.85 at the most recent close of the market.

Analyzing the AUR fundamentals

To continue investigating profitability, this company’s Return on Assets is posted at -0.38, Equity is -0.38 and Total Capital is -0.44. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.57 points at the first support level, and at 6.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.03, and for the 2nd resistance point, it is at 7.21.

Ratios To Look Out For

It is important to note that Aurora Innovation Inc [NASDAQ:AUR] has a current ratio of 12.88. As well, the Quick Ratio is 12.88, while the Cash Ratio is 4.98.

Transactions by insiders

Recent insider trading involved Hoffman Reid, Director, that happened on May 15 ’24 when 45600.0 shares were sold. Director, Hoffman Reid completed a deal on May 14 ’24 to sell 1.01 million shares. Meanwhile, Director Hoffman Reid sold 0.34 million shares on May 13 ’24.

Related Posts