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 $6.74 for the day, down -3.30% from the previous closing price of $6.97. In other words, the price has decreased by -$3.30 from its previous closing price. On the day, 6.06 million shares were traded. ACB stock price reached its highest trading level at $7.3 during the session, while it also had its lowest trading level at $6.64.
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 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 367595552 and an Enterprise Value of 364124384. As of this moment, Aurora’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 1.32 whereas that against EBITDA is -10.926.
Stock Price History:
The Beta on a monthly basis for ACB is 1.98, which has changed by 0.072307706 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. 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 35.34%, while the 200-Day Moving Average is calculated to be 34.20%.
Shares Statistics:
ACB traded an average of 7.26M shares per day over the past three months and 10826590 shares per day over the past ten days. 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 39.24% stake in the company. Shares short for ACB as of 1713139200 were 8141936 with a Short Ratio of 1.12, compared to 1710460800 on 3822269.
Earnings Estimates
The market rating of Aurora Cannabis Inc (ACB) is currently shaped by the ongoing analysis conducted by 2.0 analysts closely monitoring its performance.On average, analysts expect EPS of -$0.17 for the current quarter, with a high estimate of -$0.04 and a low estimate of -$0.29, while EPS last year was -$1.46. The consensus estimate for the next quarter is -$0.2, with high estimates of -$0.2 and low estimates of -$0.2.
Analysts are recommending an EPS of between -$0.07 and -$1.61 for the fiscal current year, implying an average EPS of -$0.92. EPS for the following year is -$0.31, with 3.0 analysts recommending between -$0.07 and -$0.72.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $53.26M to a low estimate of $50.46M. As of the current estimate, Aurora Cannabis Inc’s year-ago sales were $46.86MFor the next quarter, 4 analysts are estimating revenue of $62.83M. There is a high estimate of $65.09M for the next quarter, whereas the lowest estimate is $60.41M.
Based on 4 analysts’ estimates, the company’s revenue will be $234.24M in the next fiscal year. The high estimate is $247.18M and the low estimate is $222.1M.
