Shares of Aurora Cannabis Inc. (TSE:ACB – Get Free Report) rose 27.9% on Monday . The company traded as high as C$8.95 and last traded at C$8.66. Approximately 3,199,782 shares traded hands during mid-day trading, an increase of 450% from the average daily volume of 581,408 shares. The stock had previously closed at C$6.77.
Aurora Cannabis Stock Performance
The stock has a 50 day moving average price of C$6.81 and a two-hundred day moving average price of C$6.65. The company has a current ratio of 3.42, a quick ratio of 2.48 and a debt-to-equity ratio of 18.72. The company has a market cap of C$487.09 million, a price-to-earnings ratio of -26.24 and a beta of 1.20.
About Aurora Cannabis
Aurora Cannabis, headquartered in Edmonton, Canada, cultivates and sells medicinal and recreational cannabis through a portfolio of brands that includes Aurora, CanniMed, Daily Special, MedReleaf, and San Rafael ’71. Although the company primarily operates in Canada, it has expanded internationally through medical cannabis exporting agreements or cultivation facilities in more than 20 countries.
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