Shares of Aurora Cannabis Inc. (TSE:ACB - Get Free Report) dropped 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.
Analysts Set New Price Targets
Several equities analysts have commented on the company. ATB Capital dropped their target price on Aurora Cannabis from C$11.00 to C$8.50 in a research report on Tuesday, December 17th. TD Securities upgraded shares of Aurora Cannabis to a "strong-buy" rating in a research report on Thursday, December 12th. Three equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Aurora Cannabis currently has an average rating of "Moderate Buy" and an average price target of C$5.85.
Get Our Latest Research Report on Aurora Cannabis
Aurora Cannabis Trading Down 6.2 %
The stock 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 simple moving average is C$6.40 and its two-hundred day simple moving average is C$7.37. The company has a debt-to-equity ratio of 16.95, a current ratio of 3.76 and a quick ratio of 2.48.
Aurora Cannabis Company Profile
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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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