Aurora Cannabis Inc. (NYSE:ACB) has a beta value of 1.55 and has seen 2,828,112 shares traded in the last trading session. The company, currently valued at $1.4 Billion, closed the last trade at $12.36 per share which meant it lost -$0.1 on the day or -0.88% during that session. The ACB stock price is -674.76% off its 52-week high price of $95.76 and 57.12% above the 52-week low of $5.3. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.22 Million shares traded. The 3-month trading volume is 10.59 Million shares.
The consensus among analysts is that Aurora Cannabis Inc. (ACB) is a Hold stock at the moment, with a recommendation rating of 0. 2 analysts rate the stock as a Sell, while 1 rate it as Overweight. 11 out of 17 have rated it as a Hold, with 3 advising it as a Buy. None have rated the stock as Underweight.
Aurora Cannabis Inc. (NYSE:ACB) trade information
Despite being -0.88% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Jun 23 when the ACB stock price touched $15.24- or saw a rise of 18.9%. Year-to-date, Aurora Cannabis Inc. shares have moved -52.31%, while the 5-day performance has seen it change -9.91%. Over the past 30 days, the shares of Aurora Cannabis Inc. (NYSE:ACB) have changed -12.22%. Short interest in the company has seen 19.49 Million shares shorted with days to cover at 1.84.
Wall Street analysts have a consensus price target for the stock at $12.79, which means that the shares’ value could jump 3.48% from current levels. The projected low price target is $7.7 while the price target rests at a high of $21.4. In that case, then, we find that the current price level is +73.14% off the targeted high while a plunge would see the stock lose -37.7% from current levels.
Aurora Cannabis Inc. (ACB) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +0% over the past 5 years. Earnings growth for 2020 is a modest +0% while over the next 5 years, the company’s earnings are expected to increase by 0%.