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A Closer Look at Aurora Cannabis Inc (ACB) Stock Gains

Aurora Cannabis Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $11.50 on 09/12/23 and the lowest value was $2.84 on 03/14/24.

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 -46.51% away from its 52-week high, while its distance from the 52-week low is 116.58%. The stock’s price range during the 52-week period has remained between $2.84 and $11.50. In the Healthcare sector, the company’s shares saw a trading volume of around 1.36 million for the day, which was evidently lower than the average daily volume of 3.71 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Aurora Cannabis Inc (ACB) has experienced a quarterly rise of 4.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 335.53M and boasts a workforce of 1073 employees.

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 5.51, with a change in price of +3.04. Similarly, Aurora Cannabis Inc recorded 5,463,314 in trading volume during the last 100 days, posting a change of +93.83%.

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 0.19. Similarly, the long-term debt-to-equity ratio is also 0.08.

ACB Stock Stochastic Average

As of today, Aurora Cannabis Inc’s raw stochastic average for the last 50 days stands at 49.44%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 87.56%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 89.12% and 89.45%, respectively.

ACB Stock Price Performance Analysis

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The index has shown a price gain of 29.16% this year. Over the last six months, there has been a weaker performance of 35.15%. The price of ACB fallen by 7.16% during the last 30 days period. For the last 5-days stocks have improved 8.10%.

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