Aurora Innovation, Inc. (NASDAQ:AUR - Get Free Report)'s stock price was up 9.2% during trading on Thursday . The company traded as high as $6.72 and last traded at $6.65. Approximately 2,170,571 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 8,537,036 shares. The stock had previously closed at $6.09.
Wall Street Analyst Weigh In
A number of equities research analysts have recently commented on AUR shares. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $7.00 price objective on shares of Aurora Innovation in a research report on Monday, September 30th. Evercore ISI lifted their price objective on Aurora Innovation from $3.00 to $5.00 and gave the company an "in-line" rating in a research report on Monday, October 14th.
View Our Latest Stock Report on Aurora Innovation
Aurora Innovation Price Performance
The stock has a 50-day simple moving average of $5.06 and a 200-day simple moving average of $3.77. The stock has a market cap of $10.12 billion, a PE ratio of -13.16 and a beta of 2.80.
Aurora Innovation (NASDAQ:AUR - Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The company reported ($0.12) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.13) by $0.01.
Institutional Investors Weigh In On Aurora Innovation
Institutional investors have recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC acquired a new position in shares of Aurora Innovation during the second quarter worth about $30,000. Profund Advisors LLC acquired a new position in shares of Aurora Innovation during the second quarter worth about $46,000. Empowered Funds LLC lifted its stake in shares of Aurora Innovation by 44.1% during the first quarter. Empowered Funds LLC now owns 17,597 shares of the company's stock worth $50,000 after purchasing an additional 5,386 shares in the last quarter. Vanguard Personalized Indexing Management LLC acquired a new position in shares of Aurora Innovation during the second quarter worth about $51,000. Finally, Nisa Investment Advisors LLC lifted its stake in shares of Aurora Innovation by 32.0% during the second quarter. Nisa Investment Advisors LLC now owns 19,412 shares of the company's stock worth $54,000 after purchasing an additional 4,702 shares in the last quarter. Hedge funds and other institutional investors own 44.71% of the company's stock.
Aurora Innovation Company Profile
(
Get Free Report)
Aurora Innovation, Inc operates as a self-driving technology company in the United States. It focuses on developing Aurora Driver, a platform that brings a suite of self-driving hardware, software, and data services together to adapt and interoperate vehicles. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.
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