Shares of Aurora Cannabis Inc. (TSE:ACB - Get Free Report) dropped 20.2% on Thursday . The company traded as low as C$6.31 and last traded at C$6.40. Approximately 1,868,867 shares traded hands during trading, an increase of 257% from the average daily volume of 523,132 shares. The stock had previously closed at C$8.02.
Aurora Cannabis Price Performance
The stock has a fifty day moving average of C$6.97 and a two-hundred day moving average of C$6.70. The stock has a market capitalization of C$350.13 million, a price-to-earnings ratio of -7.90 and a beta of 2.71. The company has a current ratio of 3.42, a quick ratio of 2.48 and a debt-to-equity ratio of 18.72.
About Aurora Cannabis
(
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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.
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