Aurora Cannabis (OTCMKTS:ACBFF) Trading Up 6.2% - Still a Buy?

Key Points

• Aurora Cannabis Inc shares increased by 6.2% during mid-day trading, closing at $6.17 after trading as high as $6.51.
• The company's market capitalization stands at $5.93 billion with a price-to-earnings ratio of 51.42.
• Aurora Cannabis is actively involved in the production and distribution of medical cannabis, being vertically integrated across all segments of the cannabis value chain.

Shares of Aurora Cannabis Inc (OTCMKTS:ACBFF - ) were up 6.2% during mid-day trading on Wednesday . The stock traded as high as $6.51 and last traded at $6.17. Approximately 3,664,054 shares changed hands during trading, a decline of 13% from the average daily volume of 4,224,181 shares. The stock had previously closed at $5.81.

Aurora Cannabis Trading Up 6.2%

The firm has a market capitalization of $5.93 billion and a price-to-earnings ratio of 51.42. The company has a 50-day moving average of $5.11 and a 200-day moving average of $4.86.

About Aurora Cannabis

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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