Allurion Technologies Inc (NYSE: ALUR) on Monday, plunged -3.71% from the previous trading day, before settling in for the closing price of $0.38. Within the past 52 weeks, ALUR’s price has moved between $0.31 and $4.00.
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Healthcare Sector giant saw their annual sales slid by -5.58% over the last five years. The company achieved an average annual earnings per share of 82.36%. With a float of $46.79 million, this company’s outstanding shares have now reached $64.37 million.
The firm has a total of 252 workers. Let’s measure their productivity. 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 Activity
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Allurion Technologies Inc is 27.44%, while institutional ownership is 23.68%.
Allurion Technologies Inc (ALUR) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.4 earnings per share (EPS) for the period topping the consensus outlook (set at -0.51) by 0.11. 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
Allurion Technologies Inc (ALUR) is currently performing well based on its current performance indicators. A quick ratio of 2.09 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.65.
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)
Analysing the last 5-days average volume posted by the [Allurion Technologies Inc, ALUR], we can find that recorded value of 1.78 million was better than the volume posted last year of 0.75 million. As of the previous 9 days, the stock’s Stochastic %D was 21.56%. Additionally, its Average True Range was 0.08.
During the past 100 days, Allurion Technologies Inc’s (ALUR) raw stochastic average was set at 7.36%, which indicates a significant decrease from 12.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 207.07% in the past 14 days, which was higher than the 109.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6254, while its 200-day Moving Average is $1.3432. Now, the first resistance to watch is $0.4119. This is followed by the second major resistance level at $0.4580. The third major resistance level sits at $0.5039. If the price goes on to break the first support level at $0.3199, it is likely to go to the next support level at $0.2740. Should the price break the second support level, the third support level stands at $0.2279.
Allurion Technologies Inc (NYSE: ALUR) Key Stats
Market capitalization of the company is 22.70 million based on 64,369K outstanding shares. Right now, sales total 53,470 K and income totals -80,610 K. The company made 5,370 K in profit during its latest quarter, and -9,000 K in sales during its previous quarter.
