On Monday, Aurora Cannabis Inc (NASDAQ: ACB) opened lower -4.90% from the last session, before settling in for the closing price of $5.10. Price fluctuations for ACB have ranged from $2.84 to $9.35 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 1.89%. Company’s average yearly earnings per share was noted 142.36% at the time writing. With a float of $54.67 million, this company’s outstanding shares have now reached $54.88 million.
Considering the fact that the conglomerate employs 1073 people, you should pay attention to its efficiency factor. 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
A key investor’s attitude towards the stock of the Drug Manufacturers – Specialty & Generic industry is another important factor to consider. The insider ownership of Aurora Cannabis Inc is 0.40%, while institutional ownership is 9.73%.
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 142.36% per share during the next fiscal year.
Aurora Cannabis Inc (NASDAQ: ACB) Trading Performance Indicators
Check out the current performance indicators for Aurora Cannabis Inc (ACB). In the past quarter, the stock posted a quick ratio of 1.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.16, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.28 in one year’s time.
Technical Analysis of Aurora Cannabis Inc (ACB)
Compared to the last year’s volume of 3.86 million, its volume of 1.48 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 4.67%. Additionally, its Average True Range was 0.42.
During the past 100 days, Aurora Cannabis Inc’s (ACB) raw stochastic average was set at 40.94%, which indicates a significant increase from 2.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.19% in the past 14 days, which was lower than the 88.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.72, while its 200-day Moving Average is $5.40. Nevertheless, the first resistance level for the watch stands at $5.16 in the near term. At $5.47, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.65. If the price goes on to break the first support level at $4.67, it is likely to go to the next support level at $4.49. Now, if the price goes above the second support level, the third support stands at $4.18.
Aurora Cannabis Inc (NASDAQ: ACB) Key Stats
There are currently 54,858K shares outstanding in the company with a market cap of 266.17 million. Presently, the company’s annual sales total 200,360 K according to its annual income of -48,620 K. Last quarter, the company’s sales amounted to 62,990 K and its income totaled 22,540 K.
