Allurion Technologies Inc (NYSE: ALUR): Can It Make A Huge Gain?

In the last trading session, 79011.0 Allurion Technologies Inc (NYSE:ALUR) shares changed hands as the company’s beta touched -0.28. With the company’s per share price at $1.06 changed hands at -$0.06 or -5.36% during last session, the market valuation stood at $50.83M. ALUR’s last price was a discount, traded about -932.08% off its 52-week high of $10.94. The share price had its 52-week low at $1.04, which suggests the last value was 1.89% up since then. When we look at Allurion Technologies Inc’s average trading volume, we note the 3-month average coming to 1.02 million.

Allurion Technologies Inc (NYSE:ALUR) trade information

Instantly ALUR was in red as seen at the end of in last trading. With action -14.52%, the performance over the past five days has been red. The drop to weekly highs of 1.5370 subtracted -5.36% to the stock’s daily price. The company’s shares are showing year-to-date downside of -71.66%, with the 5-day performance at -14.52% in the red. However, in the 30-day time frame, Allurion Technologies Inc (NYSE:ALUR) is -40.11% down.

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Allurion Technologies Inc (ALUR) estimates and forecasts

Data shows that the Allurion Technologies Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -70.06% over the past 6 months, a 74.90% in annual growth rate that is considerably higher than the industry average of 12.90%.

The 2024 estimates are for Allurion Technologies Inc earnings to increase by 80.95%.

ALUR Dividends

Allurion Technologies Inc is expected to release its next quarterly earnings report in July.