On Friday, Aurora Cannabis Inc (NASDAQ: ACB) was 4.15% up from the session before settling in for the closing price of $4.10. A 52-week range for ACB has been $2.84 – $9.35.
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Healthcare Sector giant saw their annual sales surged by 1.89% over the last five years. When this article was written, the company’s average yearly earnings per share was at 87.05%. With a float of $54.65 million, this company’s outstanding shares have now reached $54.86 million.
The firm has a total of 1073 workers. Let’s measure their productivity. 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 Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Aurora Cannabis Inc stocks. The insider ownership of Aurora Cannabis Inc is 0.42%, while institutional ownership is 7.26%.
Aurora Cannabis Inc (ACB) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 87.05% per share during the next fiscal year.
Aurora Cannabis Inc (NASDAQ: ACB) Trading Performance Indicators
You can see what Aurora Cannabis Inc (ACB) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.63, a number that is poised to hit 0.00 in the next quarter and is forecasted to reach 0.09 in one year’s time.
Technical Analysis of Aurora Cannabis Inc (ACB)
Analysing the last 5-days average volume posted by the [Aurora Cannabis Inc, ACB], we can find that recorded value of 0.63 million was lower than the volume posted last year of 2.82 million. As of the previous 9 days, the stock’s Stochastic %D was 21.64%. Additionally, its Average True Range was 0.24.
During the past 100 days, Aurora Cannabis Inc’s (ACB) raw stochastic average was set at 8.15%, which indicates a significant decrease from 35.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.35% in the past 14 days, which was lower than the 62.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.91, while its 200-day Moving Average is $5.61. Now, the first resistance to watch is $4.40. This is followed by the second major resistance level at $4.53. The third major resistance level sits at $4.72. If the price goes on to break the first support level at $4.08, it is likely to go to the next support level at $3.88. Should the price break the second support level, the third support level stands at $3.75.
Aurora Cannabis Inc (NASDAQ: ACB) Key Stats
There are 54,843K outstanding shares of the company, which has a market capitalization of 234.34 million. As of now, sales total 200,360 K while income totals -48,620 K. Its latest quarter income was 59,460 K while its last quarter net income were -8,830 K.