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 price of Aurora Cannabis Inc (NASDAQ: ACB) closed at $4.81 in the last session, down -1.43% from day before closing price of $4.88. In other words, the price has decreased by -$1.43 from its previous closing price. On the day, 0.52 million shares were traded. ACB stock price reached its highest trading level at $4.9287 during the session, while it also had its lowest trading level at $4.8.
Ratios:
We take a closer look at ACB’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.16 and its Current Ratio is at 4.31. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.14.
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 272316224 and an Enterprise Value of 278014656. As of this moment, Aurora’s Price-to-Earnings (P/E) ratio for their current fiscal year is 101.48, and their Forward P/E ratio for the next fiscal year is 12.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.10 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at 0.81 whereas that against EBITDA is 9.068.
Stock Price History:
The Beta on a monthly basis for ACB is 1.85, which has changed by -0.18474579 over the last 52 weeks, in comparison to a change of 0.16564083 over the same period for the S&P500. Over the past 52 weeks, ACB has reached a high of $7.20, while it has fallen to a 52-week low of $3.42. The 50-Day Moving Average of the stock is -3.44%, while the 200-Day Moving Average is calculated to be 0.21%.
Shares Statistics:
According to the various share statistics, ACB traded on average about 1.19M shares per day over the past 3-months and 886240 shares per day over the past 10 days. A total of 56.23M shares are outstanding, with a floating share count of 56.02M. Insiders hold about 0.40% of the company’s shares, while institutions hold 14.90% stake in the company. Shares short for ACB as of 1751241600 were 5031010 with a Short Ratio of 4.22, compared to 1748563200 on 4891586.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0