The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 41.06%.However, over the last six months, we can see a stronger performance of -5.44%. Over the last 30 days, the price of ACB has fallen by 55.31%. And in the last five days, it has fallen by -9.44%.
Aurora Cannabis Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $9.35 on 04/30/24 and a low of $2.84 for the same time frame on 03/14/24.
52-week price history of ACB Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Aurora Cannabis Inc’s current trading price is -35.88% away from its 52-week high, while its distance from the 52-week low is 111.09%. The stock’s price range during this period has varied between$2.84 and $9.35. The Aurora Cannabis Inc’s shares, which operate in the Healthcare, saw a trading volume of around 0.94 million for the day, a figure considerably lower than their average daily volume of 2.69 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Aurora Cannabis Inc (ACB) has experienced a quarterly rise of 41.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 329.01M and boasts a workforce of 1073 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.88, with a change in price of +0.30. Similarly, Aurora Cannabis Inc recorded 2,046,989 in trading volume during the last 100 days, posting a change of +5.30%.
ACB’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ACB stands at 0.18. Similarly, the long-term debt-to-equity ratio is also 0.07.
ACB Stock Stochastic Average
As of today, Aurora Cannabis Inc’s raw stochastic average for the last 50 days stands at 75.49%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 75.49%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 71.09% and 72.43%, respectively.
