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Aurora Cannabis Inc.: Navigating Market Volatility with a 1.79 Debt-to-Equity Ratio

The stock price for Aurora Cannabis Inc. (ACB) currently stands at $0.86. The stock experienced a substantial increase in the last session, hitting $0.9749 after starting at $0.9343. The stock’s lowest price was $0.85 before closing at $0.98.

Aurora Cannabis Inc. ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $1.62 on 11/15/22, while the lowest value for the same period was recorded at $0.43 on 08/25/23.

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52-week price history of ACB Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Aurora Cannabis Inc.’s current trading price is -46.73% away from its 52-week high, while its distance from the 52-week low is 98.85%. The stock’s price range during the 52-week period has remained between $0.43 and $1.62. In the Healthcare sector, the company’s shares saw a trading volume of around 42.48 million for the day, which was evidently higher than the average daily volume of 16.45 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Aurora Cannabis Inc. (ACB) has experienced a quarterly rise of 59.81% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 377.16M and boasts a workforce of 1130 employees.

A Closer Look at Analysts’ Ratings for Aurora Cannabis Inc.

As of right now, 0 analyst is rating Aurora Cannabis Inc. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5652, with a change in price of +0.2990. Similarly, Aurora Cannabis Inc. recorded 12,024,488 in trading volume during the last 100 days, posting a change of +53.01%.

Examining ACB’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for ACB stands at 0.33. Similarly, the long-term debt-to-equity ratio is also 0.16.

ACB Stock Stochastic Average

As of today, Aurora Cannabis Inc.’s raw stochastic average for the last 50 days stands at 59.92%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 59.92%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 64.57% and 62.26%, respectively.

ACB Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price decrease of -6.46%. However, over the past six months, we’ve seen a weaker performance of 18.22%. The price of ACB fallen by 67.70% over the last 30 days. And in the last five days, it has fallen by -5.25%.

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