Aurora Cannabis (TSE:ACB) Upgraded by TD Securities to Strong-Buy Rating

TD Securities upgraded shares of Aurora Cannabis (TSE:ACB) to a strong-buy rating in a report published on Thursday morning,Zacks.com reports.

Aurora Cannabis Trading Up 1.7 %

Shares of ACB opened at C$6.15 on Thursday. Aurora Cannabis has a 1-year low of C$3.84 and a 1-year high of C$12.85. The company has a market capitalization of C$336.16 million, a P/E ratio of -9.76 and a beta of 2.71. The company has a debt-to-equity ratio of 16.95, a current ratio of 3.76 and a quick ratio of 2.48. The firm’s 50 day simple moving average is C$6.96 and its 200 day simple moving average is C$7.60.

Insider Transactions at Aurora Cannabis

In other Aurora Cannabis news, Senior Officer Andre Jerome sold 7,712 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of C$7.70, for a total value of C$59,382.40.

About Aurora Cannabis

Aurora Cannabis Inc, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and cannabis-derivative products in Canada and internationally. It operates through two segments, Canadian Cannabis and Plant Propagation. The company offers medical and consumer cannabis products; supplies propagated vegetables and ornamental plants; and distributes and sells hemp-derived cannabidiol (CBD) products.