Aurora Cannabis Inc. (TSE:ACB - Get Free Report)'s stock price dropped 20.2% during mid-day trading on Thursday . The company 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 Performance
The stock has a market capitalization of C$305.82 million, a P/E ratio of -6.90 and a beta of 2.71. The company has a quick ratio of 2.48, a current ratio of 3.42 and a debt-to-equity ratio of 18.72. The business has a fifty day moving average price of C$6.98 and a 200-day moving average price of C$6.69.
About Aurora Cannabis
(
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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.
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