Aurora Cannabis Inc. (NYSE:ACB) went down by -1.96% from its latest closing price compared to the recent 1-year high of $27.84. The company’s stock price has collected 20.22% of gains in the last five trading sessions. MarketWatch.com reported on 01/09/21 that Cannabis stocks stage strong rally as prospect of Democratic Senate spurs reform hopes
Is It Worth Investing in Aurora Cannabis Inc. (NYSE :ACB) Right Now?
Aurora Cannabis Inc. (NYSE:ACB) scored a price-to-earnings ratio above its average ratio, recording 46.25 x from its present earnings ratio. Opinions of the stock are interesting as 0 analysts out of 17 who provided ratings for Aurora Cannabis Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 12 rated it as “hold,” and 4 as “sell.”
The average price from analysts is $8.17. ACB currently public float of 160.14M and currently shorts hold a 22.82% ratio of that float. Today, the average trading volume of ACB was 41.08M shares.
ACB’s Market Performance
ACB stocks went up by 20.22% for the week, with a monthly drop of -5.75% and a quarterly performance of 95.88%, while its annual performance rate touched -55.24%. The volatility ratio for the week stands at 10.63% while the volatility levels for the past 30 days are set at 7.91% for Aurora Cannabis Inc.. The simple moving average for the period of the last 20 days is 5.94% for ACB stocks with a simple moving average of 6.01% for the last 200 days.
Analysts’ Opinion of ACB
Jefferies, on the other hand, stated in their research note that they expect to see ACB reach a price target of $3.75, previously predicting the price at $5.56. The rating they have provided for ACB stocks is “Underperform” according to the report published on November 16th, 2020.
ACB Trading at 18.27% from the 50-Day Moving Average
After a stumble in the market that brought ACB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -64.12% of loss for the given period.
Volatility was left at 7.91%, however, over the last 30 days, the volatility rate increased by 10.63%, as shares surge +1.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +149.75% upper at present.
During the last 5 trading sessions, ACB rose by +20.22%, which changed the moving average for the period of 200-days by +11.58% in comparison to the 20-day moving average, which settled at $9.44. In addition, Aurora Cannabis Inc. saw 20.22% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ACB
Current profitability levels for the company are sitting at:
- -194.00 for the present operating margin
- -56.85 for the gross margin
The net margin for Aurora Cannabis Inc. stands at -1173.81. The total capital return value is set at -14.07, while invested capital returns managed to touch -89.57.
Based on Aurora Cannabis Inc. (ACB), the company’s capital structure generated 24.70 points at debt to equity in total, while total debt to capital is 19.81. Total debt to assets is 18.11, with long-term debt to equity ratio resting at 17.60. Finally, the long-term debt to capital ratio is 14.12.
When we switch over and look at the enterprise to sales, we see a ratio of 7.04, with the company’s debt to enterprise value settled at 0.27. The receivables turnover for the company is 3.35 and the total asset turnover is 0.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.54.