Aurora Spine Co. (CVE:ASG – Get Free Report) was down 8.5% on Friday . The stock traded as low as C$0.21 and last traded at C$0.21. Approximately 11,021 shares changed hands during trading, a decline of 71% from the average daily volume of 38,447 shares. The stock had previously closed at C$0.23.
Aurora Spine Stock Performance
The company has a market capitalization of C$16.79 million, a P/E ratio of -21.50 and a beta of -0.84. The business has a 50-day moving average of C$0.24 and a 200-day moving average of C$0.26. The company has a debt-to-equity ratio of 62.27, a current ratio of 2.53 and a quick ratio of 1.40.
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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