Aurora Cannabis Inc (NASDAQ: ACB) on Monday, plunged -5.21% from the previous trading day, before settling in for the closing price of $3.65. Within the past 52 weeks, ACB’s price has moved between $2.84 and $9.35.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 1.89%. The company achieved an average annual earnings per share of 87.05%. With a float of $54.65 million, this company’s outstanding shares have now reached $54.86 million.
Let’s determine the extent of company efficiency that accounts for 1073 employees. In terms of profitability, gross margin is 53.99%, operating margin of -16.28%, and the pretax margin is -19.94%.
Aurora Cannabis Inc (ACB) Breakdown of a Key Holders of the stock
Observing investor behavior towards Drug Manufacturers – Specialty & Generic industry stocks is more important than anything else. The insider ownership of Aurora Cannabis Inc is 0.41%, while institutional ownership is 7.46%.
Aurora Cannabis Inc (ACB) Recent Fiscal highlights
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
Aurora Cannabis Inc (ACB) is currently performing well based on its current performance indicators. A quick ratio of 1.88 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.87.
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)
Looking closely at Aurora Cannabis Inc (NASDAQ: ACB), its last 5-days average volume was 0.79 million, which is a jump from its year-to-date volume of 0.74 million. As of the previous 9 days, the stock’s Stochastic %D was 18.50%. Additionally, its Average True Range was 0.19.
During the past 100 days, Aurora Cannabis Inc’s (ACB) raw stochastic average was set at 1.32%, which indicates a significant decrease from 5.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.06% in the past 14 days, which was lower than the 54.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.21, while its 200-day Moving Average is $5.50. However, in the short run, Aurora Cannabis Inc’s stock first resistance to watch stands at $3.54. Second resistance stands at $3.62. The third major resistance level sits at $3.68. If the price goes on to break the first support level at $3.40, it is likely to go to the next support level at $3.34. Now, if the price goes above the second support level, the third support stands at $3.26.
Aurora Cannabis Inc (NASDAQ: ACB) Key Stats
Market capitalization of the company is 189.88 million based on 54,858K outstanding shares. Right now, sales total 200,360 K and income totals -48,620 K. The company made 59,460 K in profit during its latest quarter, and -8,830 K in sales during its previous quarter.
