Aurora Spine Co. (CVE:ASG – Get Free Report)’s share price dropped 6.8% on Monday . The stock traded as low as C$0.40 and last traded at C$0.41. Approximately 48,350 shares changed hands during mid-day trading, a decline of 3% from the average daily volume of 50,063 shares. The stock had previously closed at C$0.44.
Aurora Spine Stock Down 2.4 %
The company has a debt-to-equity ratio of 76.02, a quick ratio of 1.40 and a current ratio of 2.35. The stock has a market cap of C$30.97 million, a price-to-earnings ratio of -40.00 and a beta of 0.63. The business’s 50 day moving average is C$0.43 and its 200 day moving average is C$0.36.
About Aurora Spine
Aurora Spine Corporation, through its subsidiary, Aurora Spine, Inc, engages in the development and distribution of minimally invasive interspinous fusion systems and devices in Canada. The company offers interspinous process lumbar fusion devices, such as the ZIP, ZIP ULTRA, ZIP LP, and ZIP-51 for patients suffering from degenerative disc diseases; and Ti-Coated polyether ether ketone interbody cages, which provide spacing and stability between the vertebrae while bone grows to complete the fusion process.
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