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 -28.22%. However, over the past six months, we’ve seen a weaker performance of 15.08%. The price of ACB leaped by -7.13% over the last 30 days. And in the last five days, it has fallen by -6.31%.
The stock market performance of Aurora Cannabis Inc has been fairly unsteady.
52-week price history of ACB Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Aurora Cannabis Inc’s current trading price is -41.18% away from its 52-week high, while its distance from the 52-week low is 23.77%. The stock’s price range for this period has been between $3.42 and $7.20. The Healthcare sector company’s shares saw a trading volume of about 1.76 million for the day, which was higher than the average daily volume of 1.13 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Aurora Cannabis Inc (ACB) has experienced a quarterly decline of -8.13% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 238.22M and boasts a workforce of 1101 employees.
Expert Opinions: Analysts’ Ratings for Aurora Cannabis Inc
As of right now, 2 analysts are rating Aurora Cannabis Inc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.73, with a change in price of -0.07. Similarly, Aurora Cannabis Inc recorded 1,122,279 in trading volume during the last 100 days, posting a change of -1.51%.
ACB’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder 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, the raw stochastic average of Aurora Cannabis Inc over the past 50 days is 15.34%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 9.90%. Additionally, the Stochastic %K and %D values for the company were 29.47% and 28.81%, respectively, over the past 20 days.
