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Aurora Cannabis (OTCMKTS:ACBFF) Shares Pass Below 50 Day Moving Average - Here's What Happened

Aurora Cannabis logo with Medical background

Aurora Cannabis Inc (OTCMKTS:ACBFF - Get Free Report) shares crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $4.86 and traded as low as $4.41. Aurora Cannabis shares last traded at $4.62, with a volume of 2,684,286 shares trading hands.

Aurora Cannabis Stock Down 0.5 %

The stock's 50-day moving average is $4.88 and its 200-day moving average is $4.90. The firm has a market cap of $4.20 billion and a P/E ratio of 36.42.

Aurora Cannabis Company Profile

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Aurora Cannabis Inc is a Canada-based company engaged in the production and distribution of medical cannabis. The Company is vertically integrated and horizontally diversified across every key segment of the value chain, from facility engineering and design to cannabis breeding and genetics research, cannabis and hemp production, derivatives, home cultivation, wholesale and retail distribution.

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