Aurora Cannabis (TSE:ACB) Stock Price Up 30.3% - What's Next?

Key Points

• Aurora Cannabis Inc. (TSE:ACB) saw its share price increase by 30.3% to C$8.82, following substantial trading volume that surged 249% from its average.
• The company's market cap is reported at C$488.22 million, with a price-to-earnings ratio of -26.30 and a significant debt-to-equity ratio of 18.72.
• Aurora Cannabis operates primarily in Canada but has international reach, exporting medical cannabis and establishing cultivation facilities in over 20 countries.

Aurora Cannabis Inc. (TSE:ACB - )'s share price rose 30.3% on Monday . The company traded as high as C$8.86 and last traded at C$8.82. Approximately 1,994,507 shares were traded during trading, an increase of 249% from the average daily volume of 571,812 shares. The stock had previously closed at C$6.77.

Aurora Cannabis Stock Performance

The stock has a market cap of C$488.22 million, a price-to-earnings ratio of -26.30 and a beta of 1.20. The company has a debt-to-equity ratio of 18.72, a quick ratio of 2.48 and a current ratio of 3.42. The stock's 50-day simple moving average is C$6.81 and its two-hundred day simple moving average is C$6.65.

About Aurora Cannabis

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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