In the past week, ACB stock has gone down by -0.99%, with a monthly gain of 9.24% and a quarterly plunge of -6.66%. The volatility ratio for the week is 8.03%, and the volatility levels for the last 30 days are 7.04% for Aurora Cannabis Inc The simple moving average for the past 20 days is 14.07% for ACB’s stock, with a 19.41% simple moving average for the past 200 days.
Is It Worth Investing in Aurora Cannabis Inc (NASDAQ: ACB) Right Now?
The 36-month beta value for ACB is also noteworthy at 1.86. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for ACB is 54.38M, and at present, short sellers hold a 7.06% of that float. The average trading volume of ACB on July 22, 2024 was 3.45M shares.
ACB) stock’s latest price update
Aurora Cannabis Inc (NASDAQ: ACB) has seen a rise in its stock price by 4.87 in relation to its previous close of 5.75. However, the company has experienced a -0.99% decline in its stock price over the last five trading sessions. fool.com reported 2024-07-18 that Aurora Cannabis has cut costs and is working on achieving positive free cash flow by the end of the year. The company has also posted positive adjusted earnings for six straight quarters.
ACB Trading at 1.63% 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 -47.57% of loss for the given period.
Volatility was left at 7.04%, however, over the last 30 days, the volatility rate increased by 8.03%, as shares surge +19.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.29% lower at present.
During the last 5 trading sessions, ACB fell by -0.15%, which changed the moving average for the period of 200-days by +13.19% in comparison to the 20-day moving average, which settled at $5.34. In addition, Aurora Cannabis Inc saw 26.63% 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:
- -0.39 for the present operating margin
- 0.45 for the gross margin
The net margin for Aurora Cannabis Inc stands at -2.7. The total capital return value is set at -0.13. Equity return is now at value -10.86, with -6.43 for asset returns.
Based on Aurora Cannabis Inc (ACB), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at -0.8. The debt to equity ratio resting at 0.19. The interest coverage ratio of the stock is -4.07.
Currently, EBITDA for the company is 20.47 million with net debt to EBITDA at 0.21. When we switch over and look at the enterprise to sales, we see a ratio of 1.8. The receivables turnover for the company is 5.41for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.42.
Conclusion
In summary, Aurora Cannabis Inc (ACB) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
