In last trading session, Allurion Technologies Inc (NYSE:ALUR) saw 0.22 million shares changing hands with its beta currently measuring -0.55. Company’s recent per share price level of $0.40 trading at $0.02 or 3.67% at ring of the bell on the day assigns it a market valuation of $25.47M. That closing price of ALUR’s stock is at a discount of -960.0% from its 52-week high price of $4.24 and is indicating a premium of 22.5% from its 52-week low price of $0.31. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.66 million shares which gives us an average trading volume of 259.86K if we extend that period to 3-months.
For Allurion Technologies Inc (ALUR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.50. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.24 in the current quarter.
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Allurion Technologies Inc (NYSE:ALUR) trade information
Upright in the green during last session for gaining 3.67%, in the last five days ALUR remained trading in the red while hitting it’s week-highest on Thursday, 11/21/24 when the stock touched $0.40 price level, adding 29.81% to its value on the day. Allurion Technologies Inc’s shares saw a change of -89.44% in year-to-date performance and have moved -13.72% in past 5-day. Allurion Technologies Inc (NYSE:ALUR) showed a performance of -48.67% in past 30-days. Number of shares sold short was 0.91 million shares which calculate 4.22 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 5 to the stock, which implies a rise of 92.0% to its current value. Analysts have been projecting 5 as a low price target for the stock while placing it at a high target of 5. It follows that stock’s current price would drop -1150.0% in reaching the projected high whereas dropping to the targeted low would mean a loss of -1150.0% for stock’s current value.
Allurion Technologies Inc (ALUR) estimates and forecasts
Statistics highlight that Allurion Technologies Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -73.84% of value to its shares in past 6 months, showing an annual growth rate of 84.17% while that of industry is 11.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -40.03% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 5.57M for the same. And 3 analysts are in estimates of company making revenue of 7.3M in the next quarter. Company posted 8.23M and 9.39M of sales in current and next quarters respectively a year earlier.
Allurion Technologies Inc (NYSE:ALUR)’s Major holders
Insiders are in possession of 26.03% of company’s total shares while institution are holding 31.01 percent of that, with stock having share float percentage of 41.93%. Investors also watch the number of corporate investors in a company very closely, which is 31.01% institutions for Allurion Technologies Inc that are currently holding shares of the company.
