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Aurora Cannabis (OTCMKTS:ACBFF) Shares Down 4% - Here's Why

Aurora Cannabis logo with Medical background

Shares of Aurora Cannabis Inc (OTCMKTS:ACBFF - Get Free Report) were down 4% on Monday . The company traded as low as $5.26 and last traded at $5.30. Approximately 641,332 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 4,224,181 shares. The stock had previously closed at $5.52.

Aurora Cannabis Stock Up 3.7%

The company has a market cap of $5.35 billion and a P/E ratio of 46.42. The business has a fifty day simple moving average of $4.68 and a two-hundred day simple moving average of $4.63.

About Aurora Cannabis

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Aurora Cannabis Inc is a Canada-based company engaged in the production and distribution of medical cannabis. The Company is vertically integrated and horizontally diversified across every key segment of the value chain, from facility engineering and design to cannabis breeding and genetics research, cannabis and hemp production, derivatives, home cultivation, wholesale and retail distribution.

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