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Aurora Cannabis (TSE:ACB) Trading Down 4.6% - Should You Sell?

Aurora Cannabis logo with Medical background

Aurora Cannabis Inc. (TSE:ACB - Get Free Report)'s share price was down 4.6% during mid-day trading on Tuesday . The stock traded as low as C$6.18 and last traded at C$6.20. Approximately 357,022 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 1,021,434 shares. The stock had previously closed at C$6.50.

Aurora Cannabis Stock Down 1.1 %

The company has a debt-to-equity ratio of 16.95, a current ratio of 3.76 and a quick ratio of 2.48. The company has a market capitalization of C$335.07 million, a price-to-earnings ratio of -9.84 and a beta of 2.71. The firm has a 50-day moving average price of C$7.18 and a two-hundred day moving average price of C$7.77.

Insider Activity

In other Aurora Cannabis news, Senior Officer Andre Jerome sold 7,712 shares of the firm's stock in a transaction on Monday, September 23rd. The stock was sold at an average price of C$7.70, for a total value of C$59,382.40.

About Aurora Cannabis

(Get Free Report)

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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