Allurion Technologies (ALUR) to Release Earnings on Wednesday

Allurion Technologies (NYSE:ALUR) is anticipated to issue its quarterly earnings data before the market opens on Wednesday, March 26th. Analysts expect the company to announce earnings of ($4.75) per share and revenue of $5.60 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Allurion Technologies Trading Down 4.2 %

NYSE ALUR opened at $3.43 on Tuesday. The stock has a fifty day simple moving average of $4.01 and a 200-day simple moving average of $10.01. The stock has a market cap of $16.44 million, a PE ratio of -0.29 and a beta of -0.59. Allurion Technologies has a twelve month low of $2.15 and a twelve month high of $98.75.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Roth Mkm reiterated a “buy” rating and set a $16.00 price target on shares of Allurion Technologies in a research report on Friday. Chardan Capital reiterated a “neutral” rating and issued a $2.50 target price on shares of Allurion Technologies in a report on Friday.

About Allurion Technologies

Allurion Technologies Inc focuses on ending obesity with a weight loss platform to treat people who are overweight. Its platform, the Allurion Program, features swallowable and procedure-less intragastric balloon for weight loss (the Allurion Balloon), as well as offers access to AI-powered remote patient monitoring tools, a proprietary behavior change program, secure messaging, and video telehealth that are delivered by the Allurion Virtual Care Suite.