A new trading day began on Friday, with Allurion Technologies Inc (NYSE: ALUR) stock price down -15.85% from the previous day of trading, before settling in for the closing price of $0.51. ALUR’s price has ranged from $0.31 to $4.24 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Healthcare sector company slipped by -5.58% over the past five years. Meanwhile, its annual earnings per share averaged 82.36%. With a float of $46.79 million, this company’s outstanding shares have now reached $47.69 million.
Let’s look at the performance matrix of the company that is accounted for 252 employees. In terms of profitability, gross margin is 72.32%, operating margin of -168.66%, and the pretax margin is -70.14%.
Allurion Technologies Inc (ALUR) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Devices Industry. The insider ownership of Allurion Technologies Inc is 27.44%, while institutional ownership is 23.68%.
Allurion Technologies Inc (ALUR) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.4 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 82.36% per share during the next fiscal year.
Allurion Technologies Inc (NYSE: ALUR) Trading Performance Indicators
Here are Allurion Technologies Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.48, a number that is poised to hit -0.22 in the next quarter and is forecasted to reach -0.35 in one year’s time.
Technical Analysis of Allurion Technologies Inc (ALUR)
Allurion Technologies Inc (NYSE: ALUR) saw its 5-day average volume 0.59 million, a negative change from its year-to-date volume of 0.73 million. As of the previous 9 days, the stock’s Stochastic %D was 34.39%. Additionally, its Average True Range was 0.09.
During the past 100 days, Allurion Technologies Inc’s (ALUR) raw stochastic average was set at 12.62%, which indicates a significant decrease from 25.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 211.80% in the past 14 days, which was higher than the 108.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6475, while its 200-day Moving Average is $1.4070. Nevertheless, the first resistance level for the watch stands at $0.5099 in the near term. At $0.5899, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.6448. If the price goes on to break the first support level at $0.3750, it is likely to go to the next support level at $0.3201. The third support level lies at $0.2401 if the price breaches the second support level.
Allurion Technologies Inc (NYSE: ALUR) Key Stats
With a market capitalization of 23.33 million, the company has a total of 64,369K Shares Outstanding. Currently, annual sales are 53,470 K while annual income is -80,610 K. The company’s previous quarter sales were 5,370 K while its latest quarter income was -9,000 K.
