The price of Aurora Cannabis Inc (NASDAQ:ACB) shares last traded on Wall Street rose 2.38% to $0.48.
Based on available information, 9 analysts follow Aurora Cannabis Inc (NASDAQ:ACB). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $1.00 and a low of $0.44, we find $0.58. Given the previous closing price of $0.46, this indicates a potential upside of 26.09 percent. ACB stock price is now -13.59% away from the 50-day moving average and -21.66% away from the 200-day moving average. The market capitalization of the company currently stands at $206.57M.
Among analysts, 8 rate the stock a hold while 0 rate it a buy. Brokers who have rated the stock have averaged $0.67 as their price target over the next twelve months.
Insiders disposed of 110,776 shares of company stock worth roughly $53172.479999999996 over the past 1 year. A total of 0.29% of the company’s stock is owned by insiders.
A candlestick chart of Aurora Cannabis Inc (NASDAQ: ACB) showed a price of $0.4600 on Friday morning. During the past 12 months, Aurora Cannabis Inc has had a low of $0.41 and a high of $1.48. As of last week, the company has a debt-to-equity ratio of 0.25, a current ratio of 3.29, and a quick ratio of 2.11. The fifty day moving average price for ACB is $0.5425 and a two-hundred day moving average price translates $0.6040 for the stock.
The latest earnings results from Aurora Cannabis Inc (NASDAQ: ACB) was released for Sep, 2023. The net profit margin was 137.37% and return on equity was 73.45% for ACB. For the current quarter, analysts expect ACB to generate $46.44M in revenue.
Aurora Cannabis Inc(ACB) Company Profile
Aurora Cannabis Inc., together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. It operates through three segments: Canadian Cannabis, European Cannabis, and Plant Propagation. The company produces, distributes, and sells medical and consumer cannabis products in Canada. It is also involved in the distribution of wholesale medical cannabis in the European Union (EU); distribution of wholesale medical cannabis in various international markets, including Australia, the Caribbean, South America, and Israel; supply of propagated vegetables and ornamental plants in North America; and distribution and sale of hemp-derived cannabidiol (CBD) products. In addition, the company cultivates and sells dried cannabis, cannabis oils, capsules, edible cannabis, cannabis extracts, and soft gels, which are ingested in various ways, including smoking, vaporizing, and consumption in the form of oil, capsules, edibles, and extracts; and provides dried flowers, vapes, dried milled strains, strain-specific extracts, strain specific cannabis oils, and concentrates. Further, it offers recreational cannabis products, such as flowers, vapes, ingestibles, concentrates, extracts, and CBD products; and patient counseling and outreach services. The company’s adult-use brand portfolio includes Aurora Drift, San Rafael ’71, Daily Special, Whistler, Being, and Greybeard, as well as CBD brands, Reliva and KG7; and medical cannabis brands include MedReleaf, CanniMed, Aurora, Whistler Medical Marijuana Co, Pedanios, Bidiol, and CraftPlant. Aurora Cannabis Inc. is headquartered in Leduc, Canada.
