Now Is The Time To Build A Position In Aurora Cannabis Inc (NASDAQ:ACB)

Aurora Cannabis Inc (NASDAQ:ACB)’s traded shares stood at 6.29 million during the last session, with the company’s beta value hitting 2.21. At the close of trading, the stock’s price was $5.79, to imply a decrease of -1.86% or -$0.11 in intraday trading. The ACB share’s 52-week high remains $11.50, putting it -98.62% down since that peak but still an impressive 50.95% since price per share fell to its 52-week low of $2.84. The company has a valuation of $91.08M, with an average of 5.30 million shares over the past 3 months.

Aurora Cannabis Inc (NASDAQ:ACB) trade information

After registering a -1.86% downside in the last session, Aurora Cannabis Inc (ACB) has traded red over the past five days. The stock hit a weekly high of 7.43, dropping -1.86% in its intraday price action. The 5-day price performance for the stock is -14.35%, and 56.49% over 30 days. With these gigs, the year-to-date price performance is 21.59%.

Aurora Cannabis Inc (ACB) estimates and forecasts

Revenue is forecast to grow 88.30% this quarter before jumping 88.50% for the next one.

Revenue forecast for the current quarter as set by 4 analysts is $50.85 million. Meanwhile, for the quarter ending Jun 2024, a total of 3 analyst(s) estimate revenue growth to $62.31 million.Earnings reports from the last fiscal year show that sales brought in $46.86 million and -$ respectively in the corresponding quarters.

ACB Dividends

Aurora Cannabis Inc has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Aurora Cannabis Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.