Aurora Cannabis Inc. (NASDAQ: ACB)’s stock price has dropped by -7.62 in relation to previous closing price of 0.67. Nevertheless, the company has seen a gain of 7.62% in its stock price over the last five trading days.
Is It Worth Investing in Aurora Cannabis Inc. (NASDAQ: ACB) Right Now?
Moreover, the 36-month beta value for ACB is 2.97. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 0 as “sell.”
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The average price recommended by analysts for Aurora Cannabis Inc. (ACB) is $1.25, The public float for ACB is 299.83M and currently, short sellers hold a 10.47% of that float. On May 24, 2023, ACB’s average trading volume was 3.50M shares.
ACB’s Market Performance
The stock of Aurora Cannabis Inc. (ACB) has seen a 7.62% increase in the past week, with a 3.06% rise in the past month, and a -29.33% fall in the past quarter. The volatility ratio for the week is 7.42%, and the volatility levels for the past 30 days are at 6.48% for ACB. The simple moving average for the last 20 days is 1.25% for ACB’s stock, with a simple moving average of -41.69% for the last 200 days.
ACB Trading at -5.03% 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 -79.21% of loss for the given period.
Volatility was left at 6.48%, however, over the last 30 days, the volatility rate increased by 7.42%, as shares surge +9.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.14% lower at present.
During the last 5 trading sessions, ACB rose by +7.62%, which changed the moving average for the period of 200-days by -58.97% in comparison to the 20-day moving average, which settled at $0.6105. In addition, Aurora Cannabis Inc. saw -33.29% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ACB
Current profitability levels for the company are sitting at:
- -157.59 for the present operating margin
- -65.98 for the gross margin
The net margin for Aurora Cannabis Inc. stands at -776.02. The total capital return value is set at -20.71, while invested capital returns managed to touch -104.27. Equity return is now at value -243.90, with -144.20 for asset returns.
Based on Aurora Cannabis Inc. (ACB), the company’s capital structure generated 40.72 points at debt to equity in total, while total debt to capital is 28.94. Total debt to assets is 23.96, with long-term debt to equity ratio resting at 35.73. Finally, the long-term debt to capital ratio is 25.39.
When we switch over and look at the enterprise to sales, we see a ratio of 0.25, with the company’s debt to enterprise value settled at 1.86. The receivables turnover for the company is 4.28 and the total asset turnover is 0.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.13.
To wrap up, the performance of Aurora Cannabis Inc. (ACB) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.