In yesterday’s Wall Street session, Aurora Innovation Inc (NASDAQ:AUR) shares traded at $4.23, down -1.40% from the previous session.
AUR stock price is now 48.85% away from the 50-day moving average and 53.44% away from the 200-day moving average. The market capitalization of the company currently stands at $6.57B.
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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 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 $1.65 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 $1.66 million. A total of 49.02% of the company’s stock is owned by insiders.
During the past 12 months, Aurora Innovation Inc has had a low of $1.60 and a high of $5.24. 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 $2.8586 and a two-hundred day moving average price translates $2.7668 for the stock.
The latest earnings results from Aurora Innovation Inc (NASDAQ: AUR) was released for 2024-03-31.
