Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Aurora Cannabis Inc (NASDAQ: ACB) closed at $5.4 in the last session, up 1.89% from day before closing price of $5.3. In other words, the price has increased by $1.89 from its previous closing price. On the day, 1.3 million shares were traded. ACB stock price reached its highest trading level at $5.5369 during the session, while it also had its lowest trading level at $5.2225.
Ratios:
We take a closer look at ACB’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.51 and its Current Ratio is at 2.97. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.07.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ACB now has a Market Capitalization of 303764384 and an Enterprise Value of 303084320. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.19 while its Price-to-Book (P/B) ratio in mrq is 0.75. Its current Enterprise Value per Revenue stands at 0.847 whereas that against EBITDA is 25.555.
Stock Price History:
The Beta on a monthly basis for ACB is 1.75, which has changed by -0.016393423 over the last 52 weeks, in comparison to a change of 0.1443547 over the same period for the S&P500. Over the past 52 weeks, ACB has reached a high of $6.91, while it has fallen to a 52-week low of $3.42. The 50-Day Moving Average of the stock is 4.32%, while the 200-Day Moving Average is calculated to be 11.36%.
Shares Statistics:
According to the various share statistics, ACB traded on average about 1.68M shares per day over the past 3-months and 2474110 shares per day over the past 10 days. A total of 56.25M shares are outstanding, with a floating share count of 56.13M. Insiders hold about 0.57% of the company’s shares, while institutions hold 11.29% stake in the company. Shares short for ACB as of 1759190400 were 6511217 with a Short Ratio of 3.88, compared to 1756425600 on 6014838.
Earnings Estimates
The stock of Aurora Cannabis Inc (ACB) is currently in the spotlight, with 1 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.05 and low estimates of -$0.05.
Analysts are recommending an EPS of between -$0.17 and -$0.43 for the fiscal current year, implying an average EPS of -$0.3. EPS for the following year is $0.1, with 2.0 analysts recommending between $0.3 and -$0.09.
Revenue Estimates
According to 4 analysts,. The current quarter’s revenue is expected to be $86.45M. It ranges from a high estimate of $93.7M to a low estimate of $83M. As of. The current estimate, Aurora Cannabis Inc’s year-ago sales were $81.12MFor the next quarter, 4 analysts are estimating revenue of $91.08M. There is a high estimate of $102.8M for the next quarter, whereas the lowest estimate is $84.9M.
A total of 4 analysts have provided revenue estimates for ACB’s current fiscal year. The highest revenue estimate was $399.5M, while the lowest revenue estimate was $357.3M, resulting in an average revenue estimate of $371.93M. In the same quarter a year ago, actual revenue was $343.29MBased on 3 analysts’ estimates, the company’s revenue will be $383.17M in the next fiscal year. The high estimate is $385M and the low estimate is $381.5M.
