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Aurora Cannabis (TSE:ACB) Trading 0.4% Higher - What's Next?

Aurora Cannabis logo with Medical background

Aurora Cannabis Inc. (TSE:ACB - Get Free Report)'s share price traded up 0.4% during trading on Thursday . The company traded as high as C$8.32 and last traded at C$8.28. 314,085 shares changed hands during mid-day trading, a decline of 38% from the average session volume of 510,393 shares. The stock had previously closed at C$8.25.

Aurora Cannabis Price Performance

The business has a 50-day moving average of C$6.82 and a 200 day moving average of C$6.66. 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 firm has a market capitalization of C$436.57 million, a P/E ratio of -9.85 and a beta of 2.71.

Aurora Cannabis Company Profile

(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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