The price-to-earnings ratio for Aurora Cannabis Inc (NASDAQ: ACB) is above average at 0.48x, Company’s 36-month beta value is 2.37.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ACB is 15.59M, and currently, short sellers hold a 24.52% ratio of that floaft. The average trading volume of ACB on April 01, 2024 was 1.67M shares.
ACB) stock’s latest price update
Aurora Cannabis Inc (NASDAQ: ACB)’s stock price has gone decline by -7.58 in comparison to its previous close of 4.75, however, the company has experienced a 14.32% increase in its stock price over the last five trading days. Seeking Alpha reported 2024-03-28 that What Cannabis Reform In Germany Means For North American Marijuana Companies
ACB’s Market Performance
Aurora Cannabis Inc (ACB) has seen a 14.32% rise in stock performance for the week, with a 35.91% gain in the past month and a -11.31% plunge in the past quarter. The volatility ratio for the week is 21.44%, and the volatility levels for the past 30 days are at 11.37% for ACB. The simple moving average for the past 20 days is 26.48% for ACB’s stock, with a -10.33% simple moving average for the past 200 days.
ACB Trading at 18.60% 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 -61.83% of loss for the given period.
Volatility was left at 11.37%, however, over the last 30 days, the volatility rate increased by 21.44%, as shares surge +39.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.08% lower at present.
During the last 5 trading sessions, ACB rose by +14.32%, which changed the moving average for the period of 200-days by -21.51% in comparison to the 20-day moving average, which settled at $3.53. In addition, Aurora Cannabis Inc saw -7.81% 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:
- -0.46 for the present operating margin
- 0.33 for the gross margin
The net margin for Aurora Cannabis Inc stands at -0.7. The total capital return value is set at -0.16. Equity return is now at value 78.60, with 45.95 for asset returns.
Based on Aurora Cannabis Inc (ACB), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at -0.84. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is -4.55.
Currently, EBITDA for the company is -210.74 million with net debt to EBITDA at 0.56. When we switch over and look at the enterprise to sales, we see a ratio of 0.21. The receivables turnover for the company is 5.78for trailing twelve months and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.79.
Conclusion
In a nutshell, Aurora Cannabis Inc (ACB) has experienced a mixed performance in recent times. The stock has received mixed “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.
