Allurion Technologies (ALUR) Expected to Announce Earnings on Wednesday

Allurion Technologies (NYSE:ALUR) is projected to announce its earnings results 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. Parties interested in registering for the company’s conference call can do so using this link.

Allurion Technologies Trading Up 57.7 %

Shares of ALUR opened at $3.60 on Monday. The firm has a market cap of $17.24 million, a P/E ratio of -0.30 and a beta of -0.59. The company’s 50-day moving average price is $4.00 and its 200 day moving average price is $10.10. Allurion Technologies has a 12-month low of $2.15 and a 12-month high of $98.75.

Wall Street Analyst Weigh In

ALUR has been the subject of a number of research analyst reports. Roth Mkm reaffirmed a “buy” rating and set a $16.00 price objective on shares of Allurion Technologies in a research report on Friday. Chardan Capital restated a “neutral” rating and set a $2.50 price target on shares of Allurion Technologies in a research report on Friday.

Allurion Technologies Company Profile

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.