The price of Aurora Innovation Inc (NASDAQ:AUR) shares last traded on Wall Street fell -10.80% to $3.22.
AUR stock price is now 16.65% away from the 50-day moving average and 13.74% away from the 200-day moving average. The market capitalization of the company currently stands at $4.99B.
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With the price target enhanced from $1.75 to $2, Goldman Downgraded its rating from Neutral to Sell for Aurora Innovation Inc (NASDAQ: AUR). On September 19, 2023, TD Cowen recently initiated its ‘Market Perform’ rating on the stock quoting a target price of $3, while ‘Evercore ISI’ rates the stock as ‘In-line’
In other news, Hoffman Reid, Director sold 80,000 shares of the company’s stock on Mar 01 ’24. The stock was sold for $207,440 at an average price of $2.59. Upon completion of the transaction, the Director now directly owns 459,563 shares in the company, valued at $1.48 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 29 ’24, Director Hoffman Reid sold 1,000,000 shares of the business’s stock. A total of $2,521,500 was realized by selling the stock at an average price of $2.52. This leaves the insider owning 463,563 shares of the company worth $1.49 million. A total of 50.07% of the company’s stock is owned by insiders.
During the past 12 months, Aurora Innovation Inc has had a low of $1.30 and a high of $4.81. As of last week, the company has a debt-to-equity ratio of 0.06, a current ratio of 10.38, and a quick ratio of 10.38.
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