Shares of Aurora Cannabis Inc. (TSE:ACB - Get Free Report) dropped 20.2% during trading on Thursday . The stock traded as low as C$6.31 and last traded at C$6.40. Approximately 1,868,867 shares were traded 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 Down 8.7%
The company has a debt-to-equity ratio of 18.72, a current ratio of 3.42 and a quick ratio of 2.48. The company's 50-day simple moving average is C$6.98 and its 200 day simple moving average is C$6.70. The firm has a market cap of C$305.82 million, a P/E ratio of -6.90 and a beta of 2.71.
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.
See Also
Before you consider Aurora Cannabis, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aurora Cannabis wasn't on the list.
While Aurora Cannabis currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
