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Allurion Technologies (ALUR)
OTHER OTC:ALUR
US Market
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Allurion Technologies (ALUR) Price & Analysis

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ALUR Stock Chart & Stats

$0.80
-$0.76(-9.72%)
At close: 4:00 PM EST
$0.80
-$0.76(-9.72%)

Bulls Say, Bears Say

Bulls Say
Cost ManagementOperating expenses of $9.4M were down 48% year over year, as the company continues to closely control spending while prioritizing its growth initiatives.
Sales PerformanceQ3 sales were $2.7M vs the $2.1M Street estimate.
Strategic RealignmentALUR used the quarter to implement the strategy it outlined in August of realigning toward distributors with physician networks that prescribe GLP-1s.
Bears Say
Gross Margin DeclineQ3 gross margin was 49%, down from 58% last year due to the decline in sales and lower production volumes leading to less absorption of labor and overhead costs.
Revenue ShortfallRevenue was $3.4M, which fell short of the $5.2M consensus.
Sales ImpactSales were hurt by the intra-quarter decision to realign toward distributors with physician networks that prescribe GLP-1s.

Allurion Technologies News

ALUR FAQ

What was Allurion Technologies’s price range in the past 12 months?
Allurion Technologies lowest stock price was $0.23 and its highest was $3.33 in the past 12 months.
    What is Allurion Technologies’s market cap?
    Allurion Technologies’s market cap is $12.45M.
      When is Allurion Technologies’s upcoming earnings report date?
      The company’s upcoming earnings report date is not yet available.
      How were Allurion Technologies’s earnings last quarter?
      Currently, no data Available
      Is Allurion Technologies overvalued?
      According to Wall Street analysts Allurion Technologies’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
        Does Allurion Technologies pay dividends?
        Allurion Technologies does not currently pay dividends.
        What is Allurion Technologies’s EPS estimate?
        Allurion Technologies’s EPS estimate for its next earnings report is not yet available.
        How many shares outstanding does Allurion Technologies have?
        Allurion Technologies has 15,006,253 shares outstanding.
          What happened to Allurion Technologies’s price movement after its last earnings report?
          Currently, no data Available
          Which hedge fund is a major shareholder of Allurion Technologies?
          Currently, no hedge funds are holding shares in ALUR
          What is the TipRanks Smart Score and how is it calculated?
          Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

            Company Description

            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) and 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. The company is headquartered in Natick, Massachusetts.

            Allurion Technologies (ALUR) Earnings & Revenues

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            Ownership Overview

            2.18%0.51%42.81%54.50%
            42.81% Other Institutional Investors
            54.50% Public Companies and
            Individual Investors

            Options Prices

            Currently, No data available
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