Aurora Spine (CVE:ASG) Stock Price Down 1.7%

Aurora Spine Co. (CVE:ASG)’s share price dropped 1.7% on Friday . The stock traded as low as C$0.29 and last traded at C$0.30. Approximately 18,500 shares changed hands during mid-day trading, an increase of 25% from the average daily volume of 14,851 shares. The stock had previously closed at C$0.30.

Aurora Spine Price Performance

The company has a quick ratio of 1.40, a current ratio of 2.03 and a debt-to-equity ratio of 98.47. The company has a market cap of C$22.32 million, a price-to-earnings ratio of -7.38 and a beta of 0.64. The company has a fifty day simple moving average of C$0.33 and a two-hundred day simple moving average of C$0.37.

Insider Buying and Selling at Aurora Spine

In other Aurora Spine news, Director James Snow sold 412,500 shares of the company’s stock in a transaction on Friday, March 22nd. The stock was sold at an average price of C$0.24, for a total value of C$99,000.00. 20.74% of the stock is owned by corporate insiders.

Aurora Spine Company Profile

Aurora Spine Corporation, through its subsidiary, Aurora Spine, Inc, engages in the development and distribution of minimally invasive interspinous fusion systems and devices in Canada. The company offers interspinous process lumbar fusion devices, such as the ZIP, ZIP ULTRA, ZIP LP, and ZIP-51 for patients suffering from degenerative disc diseases; and Ti-Coated polyether ether ketone interbody cages, which provide spacing and stability between the vertebrae while bone grows to complete the fusion process.