Aurora Cannabis Inc’s Market Journey: Closing Weak at 4.69, Down -5.44

Ulysses Smith

The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.

The closing price of Aurora Cannabis Inc (NASDAQ: ACB) was $4.69 for the day, down -5.44% from the previous closing price of $4.96. In other words, the price has decreased by -$5.44 from its previous closing price. On the day, 2.29 million shares were traded. ACB stock price reached its highest trading level at $5.04 during the session, while it also had its lowest trading level at $4.68.

Ratios:

Our analysis of ACB’s different ratios will help us gain a deeper understanding of the company. 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 265338144 and an Enterprise Value of 305776736. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.01 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at 0.833 whereas that against EBITDA is -91.908.

Stock Price History:

The Beta on a monthly basis for ACB is 0.31, which has changed by 0.16159248 over the last 52 weeks, in comparison to a change of 0.13153219 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 -2.23%, while the 200-Day Moving Average is calculated to be -3.32%.

Shares Statistics:

ACB traded an average of 2.00M shares per day over the past three months and 4331980 shares per day over the past ten 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 1764288000 were 6976983 with a Short Ratio of 3.27, compared to 1761868800 on 6881094.

Earnings Estimates

The firm’s stock currently is rated by 1.0 analysts. 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 $0.11, with 3.0 analysts recommending between $0.36 and -$0.36.

Revenue Estimates

It is expected that $90B in revenue will be generated in. The current quarter, according to 4 analysts. 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 $400.47M in the next fiscal year. The high estimate is $410.6M and the low estimate is $384.8M.

DwinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.