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Aurora Cannabis (TSE:ACB) Upgraded to "Strong-Buy" at TD Securities

Aurora Cannabis logo with Medical background

Aurora Cannabis (TSE:ACB - Get Free Report) was upgraded by analysts at TD Securities to a "strong-buy" rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Aurora Cannabis Trading Up 1.7 %

ACB traded up C$0.10 during mid-day trading on Thursday, hitting C$6.15. The stock had a trading volume of 314,845 shares, compared to its average volume of 999,675. The stock's fifty day simple moving average is C$6.96 and its 200-day simple moving average is C$7.61. The firm has a market capitalization of C$336.16 million, a price-to-earnings ratio of -9.76 and a beta of 2.71. Aurora Cannabis has a 1-year low of C$3.84 and a 1-year high of C$12.85. The company has a debt-to-equity ratio of 16.95, a current ratio of 3.76 and a quick ratio of 2.48.

Insider Activity at Aurora Cannabis

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

Aurora Cannabis Company Profile

(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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