Aurora Cannabis Inc (ACB) Shares Down Despite Recent Market Volatility

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Aurora Cannabis Inc (NASDAQ: ACB)’s stock price has plunge by -0.59relation to previous closing price of 4.27. Nevertheless, the company has seen a -5.46% plunge in its stock price over the last five trading sessions. benzinga.com reported 2024-11-26 that Cannabis stocks have faced significant challenges recently, driven by political uncertainty that has further weighed on a sector still struggling to regain its footing since the overhyped all-time highs of 2021.

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

Company’s 36-month beta value is 1.87.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 0 as “sell.”

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The public float for ACB is 54.65M, and currently, short sellers hold a 5.15% ratio of that floaft. The average trading volume of ACB on December 13, 2024 was 937.25K shares.

ACB’s Market Performance

ACB stock saw a decrease of -5.46% in the past week, with a monthly decline of -6.50% and a quarterly a decrease of -28.05%. The volatility ratio for the week is 4.12%, and the volatility levels for the last 30 days are 4.21% for Aurora Cannabis Inc (ACB). The simple moving average for the past 20 days is -3.00% for ACB’s stock, with a -23.91% simple moving average for the past 200 days.

ACB Trading at -15.36% 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 -54.60% of loss for the given period.

Volatility was left at 4.21%, however, over the last 30 days, the volatility rate increased by 4.12%, as shares sank -2.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.56% lower at present.

During the last 5 trading sessions, ACB fell by -5.31%, which changed the moving average for the period of 200-days by +35.40% in comparison to the 20-day moving average, which settled at $4.38. In addition, Aurora Cannabis Inc saw -10.86% 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 1.32. 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

In a nutshell, Aurora Cannabis Inc (ACB) has experienced a bad 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.

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