Aurora Cannabis Inc (OTCMKTS:ACBFF – Get Free Report)’s stock price rose 2.9% on Thursday. The stock traded as high as $4.64 and last traded at $4.59. 1,940,121 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 4,224,181 shares. The stock had previously closed at $4.46.
Aurora Cannabis Price Performance
The firm has a market capitalization of $4.41 billion and a price-to-earnings ratio of 38.25. The business’s 50 day moving average price is $3.78 and its 200-day moving average price is $3.39.
Aurora Cannabis Company Profile
Aurora Cannabis Inc is a Canadian cannabis company headquartered in Edmonton, Alberta. Founded in 2013, the company develops, produces and distributes cannabis and cannabis-derived products for medical and adult-use markets. Its product portfolio has included dried cannabis flower, pre-rolls, oils, softgels, vapes and other cannabis formats, offered under brands such as Aurora, CanniMed, MedReleaf and San Rafael ’71.
Aurora’s medical cannabis business serves patients in Canada and international markets, while its consumer cannabis operations supply products through Canada’s regulated adult-use market.
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