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 closing price of Aurora Cannabis Inc (NASDAQ: ACB) was $4.11 for the day, down -3.52% from the previous closing price of $4.26. In other words, the price has decreased by -$3.52 from its previous closing price. On the day, 0.68 million shares were traded. ACB stock price reached its highest trading level at $4.21 during the session, while it also had its lowest trading level at $4.005.
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 1.60 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 230624848 and an Enterprise Value of 252104464. As of this moment, Aurora’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.08, and their Forward P/E ratio for the next fiscal year is 20.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.97 while its Price-to-Book (P/B) ratio in mrq is 0.57. Its current Enterprise Value per Revenue stands at 0.786 whereas that against EBITDA is 4.083.
Stock Price History:
The Beta on a monthly basis for ACB is 1.94, which has changed by -0.37727273 over the last 52 weeks, in comparison to a change of 0.028231144 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 -15.60%, while the 200-Day Moving Average is calculated to be -20.12%.
Shares Statistics:
ACB traded an average of 2.90M shares per day over the past three months and 946380 shares per day over the past ten days. 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 1741910400 were 4323800 with a Short Ratio of 1.49, compared to 1739491200 on 4701422.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
