Aurora Cannabis Inc (NASDAQ: ACB) kicked off on Monday, up 7.94% from the previous trading day, before settling in for the closing price of $5.54. Over the past 52 weeks, ACB has traded in a range of $2.84-$9.35.
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Annual sales at Healthcare sector company grew by 1.89% over the past five years. While this was happening, its average annual earnings per share was recorded 72.87%. With a float of $54.43 million, this company’s outstanding shares have now reached $54.55 million.
Let’s look at the performance matrix of the company that is accounted for 1073 employees. In terms of profitability, gross margin is 44.74%, operating margin of -39.19%, and the pretax margin is -268.51%.
Aurora Cannabis Inc (ACB) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Drug Manufacturers – Specialty & Generic Industry. The insider ownership of Aurora Cannabis Inc is 0.42%, while institutional ownership is 7.56%.
Aurora Cannabis Inc (ACB) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0 earnings per share (EPS), higher than consensus estimate (set at -0.29) by 0.29. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 72.87% per share during the next fiscal year.
Aurora Cannabis Inc (NASDAQ: ACB) Trading Performance Indicators
Take a look at Aurora Cannabis Inc’s (ACB) current performance indicators. Last quarter, stock had a quick ratio of 2.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.27.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.48, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.09 in one year’s time.
Technical Analysis of Aurora Cannabis Inc (ACB)
Aurora Cannabis Inc (NASDAQ: ACB) saw its 5-day average volume 0.97 million, a negative change from its year-to-date volume of 3.1 million. As of the previous 9 days, the stock’s Stochastic %D was 34.00%. Additionally, its Average True Range was 0.32.
During the past 100 days, Aurora Cannabis Inc’s (ACB) raw stochastic average was set at 55.47%, which indicates a significant decrease from 62.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.33% in the past 14 days, which was higher than the 63.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.70, while its 200-day Moving Average is $5.47. Nevertheless, the first resistance level for the watch stands at $6.16 in the near term. At $6.35, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.62. If the price goes on to break the first support level at $5.71, it is likely to go to the next support level at $5.44. The third support level lies at $5.25 if the price breaches the second support level.
Aurora Cannabis Inc (NASDAQ: ACB) Key Stats
The company with the Market Capitalisation of 467.39 million has total of 54,843K Shares Outstanding. Its annual sales at the moment are 200,360 K in contrast with the sum of -48,620 K annual income. Company’s last quarter sales were recorded 60,970 K and last quarter income was 4,760 K.
