Aurora Cannabis (TSE:ACB) Shares Down 1% - Time to Sell?

Key Points

• Aurora Cannabis Inc. (TSE:ACB) shares fell by 1% to C$6.96, with a significant drop in trading volume, down 42% from the average session.
• The company has a market capitalization of C$391.47 million and a negative price-to-earnings ratio of -21.09.
• Aurora Cannabis operates primarily in Canada but has expanded internationally, exporting medical cannabis to over 20 countries.

Aurora Cannabis Inc. (TSE:ACB - ) fell 1% on Monday . The stock traded as low as C$6.90 and last traded at C$6.96. 331,689 shares traded hands during trading, a decline of 42% from the average session volume of 568,160 shares. The stock had previously closed at C$7.03.

Aurora Cannabis Price Performance

The stock has a market capitalization of C$391.47 million, a price-to-earnings ratio of -21.09 and a beta of 1.20. The company has a fifty day simple moving average of C$6.75 and a 200 day simple moving average of C$6.63. The company has a debt-to-equity ratio of 18.72, a quick ratio of 2.48 and a current ratio of 3.42.

Aurora Cannabis Company Profile

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.

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