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Aurora Cannabis (OTCMKTS:ACBFF) Stock Price Crosses Below 50-Day Moving Average - What's Next?

Aurora Cannabis logo with Medical background
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Shares of Aurora Cannabis Inc (OTCMKTS:ACBFF - Get Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $4.81 and traded as low as $4.30. Aurora Cannabis shares last traded at $4.34, with a volume of 612,918 shares trading hands.

Aurora Cannabis Stock Down 2.4 %

The company's 50 day moving average price is $4.81 and its two-hundred day moving average price is $4.96. The firm has a market cap of $4.29 billion and a PE ratio of 37.17.

About Aurora Cannabis

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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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