Cubist Systematic Strategies LLC bought a new position in shares of Aurora Cannabis Inc. (NASDAQ:ACB - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 51,998 shares of the company's stock, valued at approximately $221,000. Cubist Systematic Strategies LLC owned approximately 0.09% of Aurora Cannabis as of its most recent SEC filing.
Other institutional investors also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. acquired a new position in shares of Aurora Cannabis during the 4th quarter worth about $31,000. Susquehanna Fundamental Investments LLC bought a new stake in shares of Aurora Cannabis during the fourth quarter worth about $45,000. Edmond DE Rothschild Holding S.A. bought a new stake in Aurora Cannabis in the 4th quarter worth about $88,000. Wealthspire Advisors LLC purchased a new stake in shares of Aurora Cannabis during the 4th quarter valued at approximately $149,000. Finally, Bulltick Wealth Management LLC purchased a new stake in Aurora Cannabis in the 4th quarter worth approximately $150,000. 47.63% of the stock is owned by institutional investors and hedge funds.
Aurora Cannabis Price Performance
Shares of NASDAQ:ACB traded up $0.01 on Friday, reaching $5.50. The company's stock had a trading volume of 853,574 shares, compared to its average volume of 1,551,557. The company has a 50-day simple moving average of $4.58 and a 200 day simple moving average of $4.61. The company has a market cap of $309.18 million, a P/E ratio of 110.02 and a beta of 1.94. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.60 and a current ratio of 3.30. Aurora Cannabis Inc. has a 52-week low of $3.42 and a 52-week high of $7.20.
Analysts Set New Price Targets
Separately, Atb Cap Markets upgraded shares of Aurora Cannabis from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 5th.
Check Out Our Latest Report on ACB
Aurora Cannabis Company 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.
Further Reading
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