Investors Are Waking Up To Aurora Cannabis Inc (NASDAQ: ACB) After Rising 27.77% Over The Past 12 Months

Aurora Cannabis Inc (NASDAQ:ACB) currently has a daily average trading volume of 1.84M but it saw 1959632 shares traded in last market. With a market cap of 374.76M USD, the company’s current market price of $6.87 came rising about 2.69 while comparing to the previous closing price of $6.69. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.50 and as low as $2.84. In the recent trading on the day, stock has struck highest price mark of $6.63 while lowest mark touched by it was $6.9899.

Taking a look at 20-day trading activity of Aurora Cannabis Inc (ACB) gives us an average price of $6.12, while its current price level is -40.26% below from 52-week high level whereas it is 141.90% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.74 while that of 200 days or SMA-200 reads an average of $5.15. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.86% during that period while stretching the period over a month that decreases to 7.22%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 61.62 which implies that the stock is in neutral territory.

Over the week, ACB’s stock price is moving 9.92% up while it is 10.63% when we observe its performance for the past one month. Year-to-date it is 44.27% up and over the past year, the stock is showing an upside performance of 27.77%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0 beat the consensus estimate of -0.29 for the same. In next quarter, company is expected to be making quarterly sales of $53.71M as analysts are expecting the sales for current fiscal year at $225.47M and seeing the company making $252.89M in sales next year. Moreover, analysts are in estimates of $51.38M for current-quarter revenue.

Currently, Aurora Cannabis Inc’s total number of outstanding shares is 54.55M with 0.00% of that held by the insiders while 7.83% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -5.33% and return on equity (ROE) at -5.70%. Stock’s beta reads 1.83. Stock has a price to book (P/B) ratio of 0.91 while price to sale or P/S ratio amounts to 1.82. Its return on asset (ROA) is -3.54% on average.