During the last session, Aura Biosciences Inc (NASDAQ:AURA)’s traded shares were 0.45 million, with the beta value of the company hitting 0.36. At the end of the trading day, the stock’s price was $9.57, reflecting an intraday loss of -1.24% or -$0.12. The 52-week high for the AURA share is $12.35, that puts it down -29.05 from that peak though still a striking 37.41% gain since the share price plummeted to a 52-week low of $5.99. The company’s market capitalization is $474.77M, and the average intraday trading volume over the past 10 days was 0.19 million shares, and the average trade volume was 185.88K shares over the past three months.
Aura Biosciences Inc (AURA) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. AURA has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.44.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Aura Biosciences Inc (NASDAQ:AURA) trade information
Aura Biosciences Inc (AURA) registered a -1.24% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.24% in intraday trading to $9.57, hitting a weekly high. The stock’s 5-day price performance is -4.97%, and it has moved by 24.29% in 30 days. Based on these gigs, the overall price performance for the year is -1.54%. The short interest in Aura Biosciences Inc (NASDAQ:AURA) is 1.3 million shares and it means that shorts have 7.35 day(s) to cover.
The consensus price target of analysts on Wall Street is $25.5, which implies an increase of 62.47% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $21 and $30 respectively. As a result, AURA is trading at a discount of -213.48% off the target high and -119.44% off the low.
Aura Biosciences Inc (AURA) estimates and forecasts
Statistics show that Aura Biosciences Inc has underperformed its competitors in share price, compared to the industry in which it operates. Aura Biosciences Inc (AURA) shares have gone up 11.93% during the last six months, with a year-to-date growth rate less than the industry average at 11.92% against 17.30. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 8.30% this quarter and then jump 16.10% in the quarter after that.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -16.85%. While earnings are projected to return 10.74% in 2024.
AURA Dividends
Aura Biosciences Inc is due to release its next quarterly earnings on 2024-Aug-08. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Aura Biosciences Inc (NASDAQ:AURA)’s Major holders
Aura Biosciences Inc insiders own 7.52% of total outstanding shares while institutional holders control 80.12%, with the float percentage being 86.64%. MATRIX CAPITAL MANAGEMENT COMPANY, LP is the largest shareholder of the company, while 110.0 institutions own stock in it. As of 2024-06-30, the company held over 6.92 million shares (or 13.9992% of all shares), a total value of $52.34 million in shares.
The next largest institutional holding, with 5.8 million shares, is of EVENTIDE ASSET MANAGEMENT, LLC’s that is approximately 11.734% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $43.87 million.
Also, the Mutual Funds coming in first place with the largest holdings of Aura Biosciences Inc (AURA) shares are Mutual Fund Ser Tr-Eventide Healthcare & Life Sciences Fund and iShares Russell 2000 ETF . Data provided on Jun 30, 2024 indicates that Mutual Fund Ser Tr-Eventide Healthcare & Life Sciences Fund owns about 5.8 shares. This amounts to just over 11.70 percent of the company’s overall shares, with a $55.53 million market value. The same data shows that the other fund manager holds slightly less at 1.18, or about 2.37% of the stock, which is worth about $11.25 million.
