Aurora Cannabis (TSE:ACB) Trading Down 20.2% – Should You Sell?

Aurora Cannabis Inc. (TSE:ACBGet Free Report)’s share price fell 20.2% during trading on Thursday . The company traded as low as C$6.31 and last traded at C$6.40. 1,868,867 shares were traded during trading, an increase of 257% from the average session volume of 523,132 shares. The stock had previously closed at C$8.02.

Aurora Cannabis Price Performance

The firm has a market cap of C$305.82 million, a PE ratio of -6.90 and a beta of 2.71. The firm has a fifty day simple moving average of C$6.98 and a two-hundred day simple moving average of C$6.69. The company has a debt-to-equity ratio of 18.72, a quick ratio of 2.48 and a current ratio of 3.42.

About Aurora Cannabis

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Aurora Cannabis, headquartered in Edmonton, Canada, cultivates and sells medicinal and recreational cannabis through a portfolio of brands that includes Aurora, CanniMed, Daily Special, MedReleaf, and San Rafael ’71. Although the company primarily operates in Canada, it has expanded internationally through medical cannabis exporting agreements or cultivation facilities in more than 20 countries.

Further Reading

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