Aurora Cannabis Inc. (TSE:ACB - Get Free Report) shares 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 changed 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 Stock Performance
The firm has a market capitalization of C$350.13 million, a price-to-earnings ratio of -7.90 and a beta of 2.71. The stock's fifty day moving average is C$6.97 and its two-hundred day moving average is C$6.70. 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
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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.
Further Reading
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