Do investors have a safe investment in Aurora Innovation Inc (NASDAQ:AUR)?

The price of Aurora Innovation Inc (NASDAQ:AUR) shares last traded on Wall Street fell -4.48% to $5.55.

AUR stock price is now 3.25% away from the 50-day moving average and 53.94% away from the 200-day moving average. The market capitalization of the company currently stands at $10.46B.

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, GREYLOCK 15 LIMITED PARTNERSHI, Director bought 1,254,486 shares of the company’s stock on Nov 04 ’24. The stock was bought for $6,836,949 at an average price of $5.45. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 04 ’24, Director GREYLOCK 15-A LIMITED PARTNERS bought 69,694 shares of the business’s stock. A total of $379,832 was incurred on buying the stock at an average price of $5.45. A total of 44.91% of the company’s stock is owned by insiders.

During the past 12 months, Aurora Innovation Inc has had a low of $1.73 and a high of $7.01. As of last week, the company has a debt-to-equity ratio of 0.06, a current ratio of 13.71, and a quick ratio of 13.71. The fifty day moving average price for AUR is $5.3501 and a two-hundred day moving average price translates $3.592975 for the stock.

The latest earnings results from Aurora Innovation Inc (NASDAQ: AUR) was released for 2024-09-30.

Related Posts