Allurion Technologies (ALUR) Projected to Post Quarterly Earnings on Thursday

Allurion Technologies (NYSE:ALUR) is anticipated to announce its earnings results before the market opens on Thursday, March 20th. Analysts expect the company to announce earnings of ($4.75) per share and revenue of $5.60 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Allurion Technologies Trading Up 6.6 %

Shares of ALUR opened at $2.51 on Thursday. The firm’s 50-day moving average is $4.71 and its two-hundred day moving average is $10.81. Allurion Technologies has a twelve month low of $2.15 and a twelve month high of $98.75. The firm has a market capitalization of $12.01 million, a P/E ratio of -0.21 and a beta of -0.59.

Wall Street Analysts Forecast Growth

Separately, Chardan Capital downgraded shares of Allurion Technologies from a “buy” rating to a “neutral” rating in a report on Thursday, November 14th.

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.