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Aurora Cannabis (TSE:ACB) Shares Down 20.2% - What's Next?

Aurora Cannabis logo with Medical background

Aurora Cannabis Inc. (TSE:ACB - Get Free Report)'s share price fell 20.2% on Wednesday . The company traded as low as C$6.31 and last traded at C$6.40. 1,868,867 shares were traded during mid-day trading, an increase of 257% from the average session volume of 523,132 shares. The stock had previously closed at C$8.02.

Aurora Cannabis Price Performance

The company has a current ratio of 3.42, a quick ratio of 2.48 and a debt-to-equity ratio of 18.72. The stock has a market cap of C$350.13 million, a price-to-earnings ratio of -7.90 and a beta of 2.71. The stock has a 50-day moving average price of C$6.97 and a two-hundred day moving average price of C$6.70.

About Aurora Cannabis

(Get Free Report)

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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