Aurora Cannabis (TSE:ACB) Shares Up 1.9% - What's Next?

Key Points

• Aurora Cannabis Inc. shares rose by 1.9% during mid-day trading, reaching a trading high of C$7.58.
• The company has a market capitalization of C$421.28 million and a negative price-to-earnings (PE) ratio of -22.70.
• Aurora Cannabis cultivates and sells both medicinal and recreational cannabis with international operations in over 20 countries.

Shares of Aurora Cannabis Inc. (TSE:ACB - ) shot up 1.9% during mid-day trading on Monday . The company traded as high as C$7.58 and last traded at C$7.49. 281,575 shares changed hands during trading, a decline of 54% from the average session volume of 612,797 shares. The stock had previously closed at C$7.35.

Aurora Cannabis Stock Up 1.9%

The company has a market cap of C$421.28 million, a PE ratio of -22.70 and a beta of 1.09. The business has a 50-day simple moving average of C$7.32 and a 200-day simple moving average of C$6.83. The company has a quick ratio of 2.48, a current ratio of 3.42 and a debt-to-equity ratio of 18.72.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.