Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $4.46 in the prior trading day, Aurora Cannabis Inc (NASDAQ: ACB) closed at $4.57, up 2.47%. In other words, the price has increased by $2.47 from its previous closing price. On the day, 0.85 million shares were traded. ACB stock price reached its highest trading level at $4.645 during the session, while it also had its lowest trading level at $4.5046.
Ratios:
Our goal is to gain a better understanding of ACB by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 3.30. 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 250820352 and an Enterprise Value of 282565120. As of this moment, Aurora’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.00, and their Forward P/E ratio for the next fiscal year is 20.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07 while its Price-to-Book (P/B) ratio in mrq is 0.63. Its current Enterprise Value per Revenue stands at 0.881 whereas that against EBITDA is 4.576.
Stock Price History:
The Beta on a monthly basis for ACB is 1.63, which has changed by 0.08551073 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. Over the past 52 weeks, ACB has reached a high of $9.35, while it has fallen to a 52-week low of $3.42. The 50-Day Moving Average of the stock is -4.09%, while the 200-Day Moving Average is calculated to be -12.76%.
Shares Statistics:
The stock has traded on average 2.91M shares per day over the past 3-months and 1059490 shares per day over the last 10 days, according to various share statistics. A total of 54.88M shares are outstanding, with a floating share count of 54.67M. Insiders hold about 0.40% of the company’s shares, while institutions hold 9.72% stake in the company. Shares short for ACB as of 1740700800 were 4701422 with a Short Ratio of 1.62, compared to 1738281600 on 5091644.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
