Aurora Cannabis Inc. (TSE:ACB - Get Free Report)'s share price traded up 0.6% during trading on Monday . The stock traded as high as C$8.24 and last traded at C$8.17. 312,804 shares were traded during trading, a decline of 75% from the average session volume of 1,230,275 shares. The stock had previously closed at C$8.12.
Analyst Ratings Changes
Separately, ATB Capital cut their price target on Aurora Cannabis from C$12.50 to C$11.00 and set a "sector perform" rating on the stock in a research note on Friday, June 21st.
Read Our Latest Research Report on ACB
Aurora Cannabis Price Performance
The stock has a market cap of C$446.57 million, a price-to-earnings ratio of -12.97 and a beta of 2.72. The company has a 50 day simple moving average of C$8.06 and a 200-day simple moving average of C$7.59. The company has a current ratio of 3.76, a quick ratio of 2.48 and a debt-to-equity ratio of 16.95.
Aurora Cannabis (TSE:ACB - Get Free Report) last released its earnings results on Wednesday, August 7th. The company reported C($0.16) EPS for the quarter, beating the consensus estimate of C($0.48) by C$0.32. The firm had revenue of C$92.04 million for the quarter, compared to analysts' expectations of C$76.70 million. Aurora Cannabis had a negative return on equity of 6.13% and a negative net margin of 11.53%. Research analysts expect that Aurora Cannabis Inc. will post -0.22 EPS for the current year.
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.
See Also
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