Allurion Technologies Inc (NYSE: ALUR) is -89.57% lower on its value in year-to-date trading and has touched a low of $0.26 and a high of $4.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ALUR stock was last observed hovering at around $0.35 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $0.39, the stock is 10.21% and -25.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.67 million and changing 12.33% at the moment leaves the stock -65.77% off its SMA200. ALUR registered -89.01% loss for a year compared to 6-month loss of -75.00%. The firm has a 50-day simple moving average (SMA 50) of $0.52902 and a 200-day simple moving average (SMA200) of $1.150315.
The stock witnessed a -9.28% gain in the last 1 month and extending the period to 3 months gives it a -39.94%, and is 23.69% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 18.07% over the week and 14.55% over the month.
Allurion Technologies Inc (ALUR) has around 252 employees, a market worth around $28.37M and $34.75M in sales. Profit margin for the company is -71.24%. Distance from 52-week low is 49.96% and -90.25% from its 52-week high.
with sales reaching $5.57M over the same period.The EPS is expected to grow by 82.36% this year, but quarterly earnings will post -40.03% year-over-year. Quarterly sales are estimated to shrink -32.40% in year-over-year returns.
30.0 institutions hold shares in Allurion Technologies Inc (ALUR), with institutional investors hold 41.96% of the company’s shares. The shares outstanding are 64.37M, and float is at 47.04M with Short Float at 2.24%. Institutions hold 31.01% of the Float.
