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.
Aurora Cannabis Inc (NASDAQ: ACB) closed the day trading at $6.46 down -1.15% from the previous closing price of $6.53. In other words, the price has decreased by -$1.15 from its previous closing price. On the day, 6.17 million shares were traded. ACB stock price reached its highest trading level at $6.775 during the session, while it also had its lowest trading level at $6.28.
Ratios:
For a better understanding of ACB, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.45 and its Current Ratio is at 3.79. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.15.
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 352324512 and an Enterprise Value of 348853376. As of this moment, Aurora’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at 1.264 whereas that against EBITDA is -10.468.
Stock Price History:
Over the past 52 weeks, ACB has reached a high of $11.50, while it has fallen to a 52-week low of $2.84. The 50-Day Moving Average of the stock is 48.61%, while the 200-Day Moving Average is calculated to be 30.66%.
Shares Statistics:
Over the past 3-months, ACB traded about 5.52M shares per day on average, while over the past 10 days, ACB traded about 10104150 shares per day. A total of 34.53M shares are outstanding, with a floating share count of 15.49M. Insiders hold about 1.50% of the company’s shares, while institutions hold 25.90% stake in the company. Shares short for ACB as of 1711584000 were 3822269 with a Short Ratio of 0.69, compared to 1709164800 on 3332561.
Earnings Estimates
At present, AdvisorShares Vice ETF analysts are actively evaluating the performance of Aurora Cannabis Inc (ACB) in the stock market.The consensus estimate for the next quarter is $112.15, with high estimates of $316.88 and low estimates of $25.13.
