Aurora Cannabis (TSE:ACB) Shares Up 1.9% – What’s Next?

Shares of Aurora Cannabis Inc. (TSE:ACBGet Free Report) shot up 1.9% during mid-day trading on Monday . The company traded as high as C$7.58 and last traded at C$7.49. 281,575 shares changed hands during trading, a decline of 54% from the average session volume of 612,797 shares. The stock had previously closed at C$7.35.

Aurora Cannabis Stock Up 1.9%

The company has a market cap of C$421.28 million, a PE ratio of -22.70 and a beta of 1.09. The business has a 50-day simple moving average of C$7.32 and a 200-day simple moving average of C$6.83. The company has a quick ratio of 2.48, a current ratio of 3.42 and a debt-to-equity ratio of 18.72.

Aurora Cannabis Company Profile

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Aurora Cannabis, headquartered in Edmonton, Canada, cultivates and sells medicinal and recreational cannabis through a portfolio of brands that includes Aurora, CanniMed, Daily Special, MedReleaf, and San Rafael ’71. Although the company primarily operates in Canada, it has expanded internationally through medical cannabis exporting agreements or cultivation facilities in more than 20 countries.

Further Reading

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