Connective Capital Management LLC bought a new stake in shares of Aurora Cannabis Inc. (NASDAQ:ACB - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 77,668 shares of the company's stock, valued at approximately $330,000. Connective Capital Management LLC owned about 0.14% of Aurora Cannabis as of its most recent filing with the SEC.
A number of other institutional investors have also made changes to their positions in ACB. SBI Securities Co. Ltd. acquired a new position in shares of Aurora Cannabis in the 4th quarter valued at $31,000. Susquehanna Fundamental Investments LLC acquired a new position in Aurora Cannabis in the fourth quarter valued at about $45,000. Millennium Management LLC bought a new stake in shares of Aurora Cannabis in the fourth quarter worth about $67,000. Edmond DE Rothschild Holding S.A. acquired a new stake in shares of Aurora Cannabis during the fourth quarter worth about $88,000. Finally, Wealthspire Advisors LLC acquired a new position in shares of Aurora Cannabis in the 4th quarter valued at approximately $149,000. 47.63% of the stock is owned by institutional investors and hedge funds.
Aurora Cannabis Stock Up 0.2%
ACB traded up $0.01 during trading on Friday, hitting $5.50. The company had a trading volume of 853,574 shares, compared to its average volume of 1,551,557. The company has a market capitalization of $309.18 million, a PE ratio of 110.02 and a beta of 1.94. The company has a quick ratio of 1.60, a current ratio of 3.30 and a debt-to-equity ratio of 0.07. Aurora Cannabis Inc. has a one year low of $3.42 and a one year high of $7.20. The firm's 50-day moving average price is $4.58 and its 200 day moving average price is $4.61.
Analyst Ratings Changes
Separately, Atb Cap Markets upgraded shares of Aurora Cannabis from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 5th.
View Our Latest Stock Report on Aurora Cannabis
Aurora Cannabis Profile
(
Free Report)
Aurora Cannabis Inc, together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. It operates through three segments: Canadian Cannabis, European Cannabis, and Plant Propagation. The company produces, distributes, and sells medical and consumer cannabis products in Canada.
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