Aurora Cannabis Inc (NASDAQ: ACB) Emerges As Guiding Light For Investors

Aurora Cannabis Inc (NASDAQ:ACB) currently has a daily average trading volume of 1.55M but it saw 828292 shares traded in last market. With a market cap of 348.57M USD, the company’s current market price of $6.39 came rising about 0.79 while comparing to the previous closing price of $6.34. 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 $6.32 while lowest mark touched by it was $6.48.

Taking a look at 20-day trading activity of Aurora Cannabis Inc (ACB) gives us an average price of $6.32, while its current price level is -44.43% below from 52-week high level whereas it is 125.00% 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 $5.82 while that of 200 days or SMA-200 reads an average of $5.21. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.68% during that period while stretching the period over a month that increases to 6.55%. 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 51.94 which implies that the stock is in neutral territory.

Over the week, ACB’s stock price is moving -6.99% down while it is 4.24% when we observe its performance for the past one month. Year-to-date it is 34.19% up and over the past year, the stock is showing an upside performance of 28.31%.

Currently, Aurora Cannabis Inc’s total number of outstanding shares is 54.55M. Company’s return on investment (ROI) stands at -5.33% and return on equity (ROE) at -5.70%. Stock’s beta reads 1.86. Stock has a price to book (P/B) ratio of 0.85 while price to sale or P/S ratio amounts to 1.70. Its return on asset (ROA) is -3.54% on average.