Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The price of Aurora Cannabis Inc (NASDAQ: ACB) closed at $4.57 in the last session, up 0.66% from day before closing price of $4.54. In other words, the price has increased by $0.66 from its previous closing price. On the day, 0.74 million shares were traded. ACB stock price reached its highest trading level at $4.66 during the session, while it also had its lowest trading level at $4.52.
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 1.63 and its Current Ratio is at 3.41. In the meantime, Its Debt-to-Equity ratio is 0.19 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 258549120 and an Enterprise Value of 298972288. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.99 while its Price-to-Book (P/B) ratio in mrq is 0.68. Its current Enterprise Value per Revenue stands at 0.814 whereas that against EBITDA is -89.862.
Stock Price History:
The Beta on a monthly basis for ACB is 0.31, which has changed by 0.011135817 over the last 52 weeks, in comparison to a change of 0.12469888 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 -8.24%, while the 200-Day Moving Average is calculated to be -6.12%.
Shares Statistics:
According to the various share statistics, ACB traded on average about 1.42M shares per day over the past 3-months and 863700 shares per day over the past 10 days. A total of 56.58M shares are outstanding, with a floating share count of 56.39M. Insiders hold about 0.55% of the company’s shares, while institutions hold 17.11% stake in the company. Shares short for ACB as of 1763078400 were 6976983 with a Short Ratio of 4.90, compared to 1760486400 on 6569314.
Earnings Estimates
. The current market rating for Aurora Cannabis Inc (ACB) reflects the collective analysis of 1.0 analysts closely monitoring its performance.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 $0.05 and -$1.12 for the fiscal current year, implying an average EPS of -$0.71. EPS for the following year is $0.17, with 3.0 analysts recommending between $0.36 and -$0.18.
Revenue Estimates
According to 4 analysts,. The current quarter’s revenue is expected to be $92.42M. It ranges from a high estimate of $93.6M to a low estimate of $90.8M. As of. The current estimate, Aurora Cannabis Inc’s year-ago sales were $88.2MFor the next quarter, 4 analysts are estimating revenue of $98.95M. There is a high estimate of $103.3M for the next quarter, whereas the lowest estimate is $96.6M.
A total of 4 analysts have provided revenue estimates for ACB’s current fiscal year. The highest revenue estimate was $385.3M, while the lowest revenue estimate was $377M, resulting in an average revenue estimate of $379.9M. In the same quarter a year ago, actual revenue was $343.29MBased on 3 analysts’ estimates, the company’s revenue will be $403.17M in the next fiscal year. The high estimate is $410.6M and the low estimate is $392.9M.
