Aurora Cannabis Inc. (TSE:ACB - Get Free Report)'s stock price was down 0.8% on Thursday . The stock traded as low as C$6.26 and last traded at C$6.34. Approximately 62,609 shares traded hands during trading, a decline of 84% from the average daily volume of 389,808 shares. The stock had previously closed at C$6.39.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on ACB shares. ATB Capital reduced their price target on shares of Aurora Cannabis from C$11.00 to C$8.50 in a research note on Tuesday, December 17th. TD Securities raised shares of Aurora Cannabis to a "strong-buy" rating in a report on Thursday, December 12th. Three research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Aurora Cannabis has a consensus rating of "Moderate Buy" and a consensus target price of C$5.85.
Read Our Latest Stock Analysis on Aurora Cannabis
Aurora Cannabis Trading Down 6.2 %
The company has a quick ratio of 2.48, a current ratio of 3.76 and a debt-to-equity ratio of 16.95. The company has a market capitalization of C$325.23 million, a PE ratio of -9.44 and a beta of 2.71. The stock's 50 day moving average is C$6.40 and its two-hundred day moving average is C$7.37.
About Aurora Cannabis
(
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Aurora Cannabis Inc, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and cannabis-derivative products in Canada and internationally. It operates through two segments, Canadian Cannabis and Plant Propagation. The company offers medical and consumer cannabis products; supplies propagated vegetables and ornamental plants; and distributes and sells hemp-derived cannabidiol (CBD) products.
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