Allurion Technologies Inc [ALUR] stock prices are up 11.60% to $0.51 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ALUR shares have gain 27.73% over the last week, with a monthly amount drifted -28.46%, and not 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:
Allurion Technologies Inc [NYSE: ALUR] stock has seen the most recent analyst activity on November 14, 2024, when Chardan Capital Markets downgraded its rating to a Neutral. Previously, TD Cowen started tracking the stock with Buy rating on October 02, 2024, and set its price target to $2. On September 06, 2024, ROTH MKM initiated with a Buy rating and assigned a price target of $2 on the stock. Jefferies started tracking the stock assigning a Buy rating and suggested a price target of $5 on February 09, 2024.
The stock price of Allurion Technologies Inc [ALUR] has been fluctuating between $0.31 and $4.24 over the past year. Currently, Wall Street analysts expect the stock to reach $5 within the next 12 months. Allurion Technologies Inc [NYSE: ALUR] shares were valued at $0.51 at the most recent close of the market. An investor can expect a potential return of 880.39% based on the average ALUR price forecast.
Analyzing the ALUR fundamentals
The Allurion Technologies Inc [NYSE:ALUR] reported sales of 34.75M for trailing twelve months, representing a drop of -70.51%. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at -1.69%, Pretax Profit Margin comes in at -0.7%, and Net Profit Margin reading is -0.71%. To continue investigating profitability, this company’s Return on Assets is posted at -0.49, Equity is 0.37 and Total Capital is -1.86. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.6.
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 0.4524 points at the first support level, and at 0.3940 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5696, and for the 2nd resistance point, it is at 0.6284.
Ratios To Look Out For
It’s worth pointing out that Allurion Technologies Inc [NYSE:ALUR]’s Current Ratio is 2.33. On the other hand, the Quick Ratio is 2.09, and the Cash Ratio is 1.49. Considering the valuation of this stock, the price to sales ratio is 0.95.
