Aurora Cannabis Inc (NASDAQ: ACB) is 38.60% higher on its value in year-to-date trading and has touched a low of $2.84 and a high of $11.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ACB stock was last observed hovering at around $6.83 in the last trading session, with the day’s loss setting it -0.23%.
Currently trading at $6.60, the stock is 31.20% and 60.41% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.72 million and changing -3.37% at the moment leaves the stock 34.03% off its SMA200. ACB registered 1.38% gain for a year compared to 6-month loss of 24.53%.
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The stock witnessed a 122.22% gain in the last 1 month and extending the period to 3 months gives it a 46.67%, and is -0.45% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 17.82% over the week and 19.52% over the month.
Aurora Cannabis Inc (ACB) has around 1130 employees, a market worth around $103.82M and $203.84M in sales. Current P/E ratio is 0.73. Profit margin for the company is 150.92%. Distance from 52-week low is 132.39% and -42.61% from its 52-week high. The company has generated returns on investments over the last 12 months (68.20%).
The EPS is expected to grow by 75.33% this year.
Aurora Cannabis Inc (ACB) Top Institutional Holders
The shares outstanding are 34.53M, and float is at 15.49M with Short Float at 24.68%.
