For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Aurora Cannabis Inc (NASDAQ: ACB) closed at $3.90 up 1.30% from its previous closing price of $3.85. In other words, the price has increased by $1.30 from its previous closing price. On the day, 0.67 million shares were traded. ACB stock price reached its highest trading level at $3.9 during the session, while it also had its lowest trading level at $3.8.
Ratios:
For a deeper understanding of Aurora Cannabis Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.88 and its Current Ratio is at 3.83. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.08.
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 214183328 and an Enterprise Value of 213319516160. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at 718.279 whereas that against EBITDA is 20694.559.
Stock Price History:
The Beta on a monthly basis for ACB is 1.86, which has changed by -0.0025906563 over the last 52 weeks, in comparison to a change of 0.23171377 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 $2.84. The 50-Day Moving Average of the stock is -10.87%, while the 200-Day Moving Average is calculated to be -30.75%.
Shares Statistics:
For the past three months, ACB has traded an average of 961.24K shares per day and 737050 over the past ten days. A total of 54.86M shares are outstanding, with a floating share count of 54.65M. Insiders hold about 0.41% of the company’s shares, while institutions hold 7.45% stake in the company. Shares short for ACB as of 1735603200 were 4273402 with a Short Ratio of 4.45, compared to 1732838400 on 4403182.