For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $6.61 in the prior trading day, Aurora Cannabis Inc (NASDAQ: ACB) closed at $6.42, down -2.87%. In other words, the price has decreased by -$2.87 from its previous closing price. On the day, 4.51 million shares were traded. ACB stock price reached its highest trading level at $6.8 during the session, while it also had its lowest trading level at $6.4.
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 352355936 and an Enterprise Value of 201289252864. As of this moment, Aurora’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.74, and their Forward P/E ratio for the next fiscal year is 17.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 677.771 whereas that against EBITDA is 19527.479.
Stock Price History:
The Beta on a monthly basis for ACB is 1.74, which has changed by 0.6566416 over the last 52 weeks, in comparison to a change of 0.21313763 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 46.62%, while the 200-Day Moving Average is calculated to be 17.23%.
Shares Statistics:
The stock has traded on average 2.49M shares per day over the past 3-months and 11190270 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 54.65M. Insiders hold about 0.41% of the company’s shares, while institutions hold 7.40% stake in the company. Shares short for ACB as of 1736899200 were 4892058 with a Short Ratio of 1.97, compared to 1734048000 on 4273402.
