In yesterday’s Wall Street session, Aurora Innovation Inc (NASDAQ:AUR) shares traded at $2.12, down -6.61% from the previous session.
AUR stock price is now -26.01% away from the 50-day moving average and -23.94% away from the 200-day moving average. The market capitalization of the company currently stands at $3.29B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
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 45,600 shares of the company’s stock on May 15 ’24. The stock was sold for $144,146 at an average price of $3.16. Upon completion of the transaction, the Director now directly owns 389,694 shares in the company, valued at $0.83 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 14 ’24, Director Hoffman Reid sold 1,013,781 shares of the business’s stock. A total of $3,132,076 was realized by selling the stock at an average price of $3.09. This leaves the insider owning 391,974 shares of the company worth $0.83 million. A total of 49.10% of the company’s stock is owned by insiders.
During the past 12 months, Aurora Innovation Inc has had a low of $1.44 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. The fifty day moving average price for AUR is $2.8607 and a two-hundred day moving average price translates $2.782225 for the stock.
The latest earnings results from Aurora Innovation Inc (NASDAQ: AUR) was released for 2024-03-31.
