Aurora Cannabis Inc. (NASDAQ:ACB – Get Free Report) was the target of unusually large options trading on Wednesday. Stock investors acquired 14,617 call options on the company. This represents an increase of approximately 230% compared to the typical daily volume of 4,428 call options.
Aurora Cannabis Trading Down 4.1 %
NASDAQ ACB opened at $5.67 on Friday. The business’s 50-day moving average price is $5.80 and its two-hundred day moving average price is $6.05. Aurora Cannabis has a 12 month low of $2.84 and a 12 month high of $9.35. The firm has a market capitalization of $309.28 million, a PE ratio of -4.05 and a beta of 1.86. The company has a current ratio of 3.76, a quick ratio of 2.03 and a debt-to-equity ratio of 0.08.
Aurora Cannabis (NASDAQ:ACB – Get Free Report) last announced its earnings results on Wednesday, August 7th. The company reported ($0.11) EPS for the quarter, beating the consensus estimate of ($0.35) by $0.24. Aurora Cannabis had a negative return on equity of 7.00% and a negative net margin of 14.46%. The company had revenue of $67.27 million for the quarter, compared to analyst estimates of $55.98 million. On average, analysts expect that Aurora Cannabis will post -0.37 EPS for the current year.
Institutional Investors Weigh In On Aurora Cannabis
Aurora Cannabis Company Profile
Aurora Cannabis Inc, together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. It operates through three segments: Canadian Cannabis, European Cannabis, and Plant Propagation. The company produces, distributes, and sells medical and consumer cannabis products in Canada.
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