The stock of Aurora Cannabis Inc (ACB) has gone up by 0.58% for the week, with a -26.14% drop in the past month and a -32.95% drop in the past quarter. The volatility ratio for the week is 3.77%, and the volatility levels for the past 30 days are 6.69% for ACB. The simple moving average for the past 20 days is -13.69% for ACB’s stock, with a -20.91% simple moving average for the past 200 days.
Is It Worth Investing in Aurora Cannabis Inc (NASDAQ: ACB) Right Now?
The stock has a 36-month beta value of 1.88. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 2 as “overweight,” 4 as “hold,” and 0 as “sell.”
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The public float for ACB is 54.65M, and at present, short sellers hold a 4.80% of that float. On November 21, 2024, the average trading volume of ACB was 972.87K shares.
ACB) stock’s latest price update
Aurora Cannabis Inc (NASDAQ: ACB) has experienced a rise in its stock price by 2.95 compared to its previous closing price of 4.24. However, the company has seen a gain of 0.58% in its stock price over the last five trading days. prnewswire.com reported 2024-11-20 that NASDAQ | TSX: ACB Introduces New Products and Flavours across Greybeard, San Rafael ’71 and Tasty’s brands EDMONTON, AB, Nov. 20, 2024 /PRNewswire/ – Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB), the Canadian-based leading global medical cannabis company, is excited to announce its latest lineup of innovations from Greybeard, San Rafael ’71 and Tasty’s brands. With a continued focus on premium, science-driven offerings, this expanded lineup represents Aurora’s commitment to delivering exceptional high quality, cutting-edge and diverse options for Canadian cannabis consumers.
ACB Trading at -19.20% 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 -53.32% of loss for the given period.
Volatility was left at 6.69%, however, over the last 30 days, the volatility rate increased by 3.77%, as shares sank -22.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.18% lower at present.
During the last 5 trading sessions, ACB rose by +1.31%, which changed the moving average for the period of 200-days by +10.92% in comparison to the 20-day moving average, which settled at $5.06. In addition, Aurora Cannabis Inc saw -8.34% 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:
- -0.39 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 -5.53, with -3.56 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 1.33. 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 3.83.
Conclusion
To sum up, Aurora Cannabis Inc (ACB) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.
