Aurora Innovation Inc (NASDAQ:AUR) price on Thursday, May 09,rose 7.44% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $3.61.
A look at the stock’s price movement, the close in the last trading session was $3.36. Turning to its 52-week performance, $4.81 and $1.30 were the 52-week high and 52-week low respectively. Overall, AUR moved 18.36% over the past month.
Aurora Innovation Inc’s market cap currently stands at around $5.60 billion.
Turning to the stock’s technical picture we see that short term indicators suggest on average that AUR is a 50% Buy. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
AUR’s current price about 20.00% and 31.74% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 70.17, while 7-day volatility ratio is 11.52% and 7.46% in the 30-day chart. Further, Aurora Innovation Inc (AUR) has a beta value of 2.89, and an average true range (ATR) of 0.24.
If we refocus on Aurora Innovation Inc (NASDAQ:AUR), historical trading data shows that trading volumes averaged 7.80 million over the past 3 months. The company’s latest data on shares outstanding shows there are 1.16 billion shares.
The 50.07% of Aurora Innovation Inc’s shares are in the hands of company insiders while institutional holders own 40.56% of the company’s shares. Current price change has pushed the stock -17.39% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the AUR stock continues to rise going into the next quarter.
