Aurora Cannabis Inc (NASDAQ: ACB) has seen a decline in its stock price by -4.27 in relation to its previous close of 0.58. However, the company has experienced a -24.60% decline in its stock price over the last five trading sessions. The Motley Fool reported 2023-10-01 that Aurora Cannabis recently shuttered its U.S. subsidiary. It’s making good headway against its debt load.
The price-to-earnings ratio for Aurora Cannabis Inc (NASDAQ: ACB) is 0.84x, which is above its average ratio. Moreover, the 36-month beta value for ACB is 2.45. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 8 as “hold,” and 0 as “sell.”
The average price recommended by analysts for Aurora Cannabis Inc (ACB) is $0.72, which is $0.21 above the current market price. The public float for ACB is 353.49M and currently, short sellers hold a 11.14% of that float. On October 03, 2023, ACB’s average trading volume was 19.80M shares.
ACB’s Market Performance
ACB stock saw an increase of -24.60% in the past week, with a monthly gain of 16.62% and a quarterly increase of -3.46%. The volatility ratio for the week is 10.73%, and the volatility levels for the last 30 days are 17.41% for Aurora Cannabis Inc (ACB). The simple moving average for the last 20 days is -21.27% for ACB stock, with a simple moving average of -19.98% for the last 200 days.
ACB Trading at -5.12% from the 50-Day Moving Average
After a stumble in the market that brought ACB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -65.43% of loss for the given period.
Volatility was left at 17.41%, however, over the last 30 days, the volatility rate increased by 10.73%, as shares surge +18.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.83% upper at present.
During the last 5 trading sessions, ACB fell by -24.60%, which changed the moving average for the period of 200-days by -50.00% in comparison to the 20-day moving average, which settled at $0.7157. In addition, Aurora Cannabis Inc saw -39.30% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ACB
Current profitability levels for the company are sitting at:
- -109.01 for the present operating margin
- -27.59 for the gross margin
The net margin for Aurora Cannabis Inc stands at -113.73. The total capital return value is set at -15.99, while invested capital returns managed to touch -17.91. Equity return is now at value 56.08, with 32.61 for asset returns.
Based on Aurora Cannabis Inc (ACB), the company’s capital structure generated 46.81 points at debt to equity in total, while total debt to capital is 31.88. Total debt to assets is 24.56, with long-term debt to equity ratio resting at 16.45. Finally, the long-term debt to capital ratio is 11.21.
When we switch over and look at the enterprise to sales, we see a ratio of 0.80, with the company’s debt to enterprise value settled at 0.87. The receivables turnover for the company is 4.78 and the total asset turnover is 0.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.98.
Conclusion
To wrap up, the performance of Aurora Cannabis Inc (ACB) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
Recent Comments