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Aurora Cannabis Inc. (ACB) Shares Up Despite Recent Market Volatility

Aurora Cannabis Inc. (NASDAQ: ACB)’s stock price has gone rise by 12.90 in comparison to its previous close of 0.84, however, the company has experienced a 79.94% increase in its stock price over the last five trading days. PennyStocks reported 2023-09-15 that Today we look at some of the most active penny stocks to watch. If you’re new to trading, in general, we’ll first go into some of the ins and outs of trading, including a background on low-priced stocks.

Is It Worth Investing in Aurora Cannabis Inc. (NASDAQ: ACB) Right Now?

The price-to-earnings ratio for Aurora Cannabis Inc. (NASDAQ: ACB) is 1.43x, which is above its average ratio. Moreover, the 36-month beta value for ACB is 2.55. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 8 as “hold,” and 0 as “sell.”

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The average price recommended by analysts for Aurora Cannabis Inc. (ACB) is $0.72, The public float for ACB is 376.18M and currently, short sellers hold a 7.49% of that float. On September 15, 2023, ACB’s average trading volume was 15.01M shares.

ACB’s Market Performance

ACB stock saw an increase of 79.94% in the past week, with a monthly gain of 90.38% and a quarterly increase of 79.03%. The volatility ratio for the week is 35.38%, and the volatility levels for the last 30 days are 13.29% for Aurora Cannabis Inc. (ACB). The simple moving average for the last 20 days is 70.59% for ACB’s stock, with a simple moving average of 31.09% for the last 200 days.

ACB Trading at 74.84% 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 -41.24% of loss for the given period.

Volatility was left at 13.29%, however, over the last 30 days, the volatility rate increased by 35.38%, as shares surge +79.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +72.07% upper at present.

During the last 5 trading sessions, ACB rose by +74.57%, which changed the moving average for the period of 200-days by -25.52% in comparison to the 20-day moving average, which settled at $0.5784. In addition, Aurora Cannabis Inc. saw 3.18% 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:

  • -109.01 for the present operating margin
  • -27.59 for the gross margin

The net margin for Aurora Cannabis Inc. stands at -113.73. The total capital return value is set at -15.99, while invested capital returns managed to touch -17.91. Equity return is now at value -43.50, with -22.90 for asset returns.

Based on Aurora Cannabis Inc. (ACB), the company’s capital structure generated 46.81 points at debt to equity in total, while total debt to capital is 31.88. Total debt to assets is 24.56, with long-term debt to equity ratio resting at 16.45. Finally, the long-term debt to capital ratio is 11.21.

When we switch over and look at the enterprise to sales, we see a ratio of 1.28, with the company’s debt to enterprise value settled at 0.87. The receivables turnover for the company is 4.78 and the total asset turnover is 0.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.98.


To wrap up, the performance of Aurora Cannabis Inc. (ACB) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.