Allurion Technologies Inc (ALUR) concluded trading on Thursday at a closing price of $3.70, with 3.89 million shares of worth about $14.38 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -82.97% during that period and on January 23, 2025 the price saw a gain of about 21.31%. Currently the company’s common shares owned by public are about 2.57M shares, out of which, 1.90M shares are available for trading.
Stock saw a price change of 3.64% in past 5 days and over the past one month there was a price change of -47.12%. Year-to-date (YTD), ALUR shares are showing a performance of -65.58% which decreased to -95.05% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.37 but also hit the highest price of $98.75 during that period. The average intraday trading volume for Allurion Technologies Inc shares is 50.97K. The stock is currently trading -44.70% below its 20-day simple moving average (SMA20), while that difference is down -58.30% for SMA50 and it goes to -84.65% lower than SMA200.
Allurion Technologies Inc (NYSE: ALUR) currently have 2.57M outstanding shares and institutions hold larger chunk of about 21.21% of that.
The stock has a current market capitalization of $10.03M and its 3Y-monthly beta is at -0.78. It has posted earnings per share of -$11.89 in the same period. It has Quick Ratio of 2.09. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ALUR, volatility over the week remained 25.12% while standing at 30.41% over the month.
Analysts are in expectations that Allurion Technologies Inc (ALUR) stock would likely to be making an EPS of -5.76 in the current quarter, while forecast for next quarter EPS is -2.54 and it is -7.31 for next year. For the current quarter EPS, analysts have given the company a lowest target -6.36 which is -5.0 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -10.0 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 82.53% while it is estimated to increase by 27.06% in next year.
Coverage by TD Cowen stated Allurion Technologies Inc (ALUR) stock as a Buy in their note to investors on October 02, 2024, suggesting a price target of $2 for the stock. On September 06, 2024, ROTH MKM Initiated their recommendations, while on February 09, 2024, Jefferies Initiated their ratings for the stock with a price target of $5.
