Aurora Cannabis Inc (ACB) kicked off at the price of $4.31: Venture capitalists have an exciting new opportunity

Sana Meer

On Monday, Aurora Cannabis Inc (NASDAQ: ACB) was -4.01% drop from the session before settling in for the closing price of $4.49. A 52-week range for ACB has been $3.42 – $6.91.

When this article was written, the company’s average yearly earnings per share was at -556.52%. With a float of $56.39 million, this company’s outstanding shares have now reached $56.58 million.

Aurora Cannabis Inc (ACB) Breakdown of a Key Holders of the stock

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 0.55%, while institutional ownership is 17.11%.

Aurora Cannabis Inc (ACB) Recent Fiscal highlights

Going through the last 3-months fiscal report unveiled on the 12/31/2024, it has been observed that the corporation posted 0.23 earnings per share (EPS) during the time that was better than consensus figure (set at -0.03) by 0.26. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -556.52% 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 1.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.93.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.74, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 0.24 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 1.98 million was better than the volume posted last year of 1.86 million. As of the previous 9 days, the stock’s Stochastic %D was 4.16%.

During the past 100 days, Aurora Cannabis Inc’s (ACB) raw stochastic average was set at 11.96%, which indicates a significant increase from 0.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.43 in the past 14 days, which was higher than the 0.29 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 $4.85. Now, the first resistance to watch is $4.49. This is followed by the second major resistance level at $4.66. The third major resistance level sits at $4.76. If the price goes on to break the first support level at $4.22, it is likely to go to the next support level at $4.12. Now, if the price goes above the second support level, the third support stands at $3.95.

Aurora Cannabis Inc (NASDAQ: ACB) Key Stats

There are 56,683K outstanding shares of the company, which has a market capitalization of 244.38 million. As of now, sales total 246,720 K while income totals 1,630 K. Its latest quarter income was 65,600 K while its last quarter net income were -37,360 K.

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