Buy, Sell Or Hold Aurora Cannabis Inc (NASDAQ:ACB) At $7.36?

In last trading session, Aurora Cannabis Inc (NASDAQ:ACB) saw 16.18 million shares changing hands with its beta currently measuring 1.96. Company’s recent per share price level of $7.36 trading at -$1.87 or -20.26% at ring of the bell on the day assigns it a market valuation of $115.77M. That closing price of ACB’s stock is at a discount of -56.25% from its 52-week high price of $11.50 and is indicating a premium of 61.41% from its 52-week low price of $2.84. Taking a look at company’s average trading volume volume of 6.80 million if we extend that period to 3-months.

Aurora Cannabis Inc (NASDAQ:ACB) trade information

Upright in the red during last session for losing -20.26%, in the last five days ACB remained trading in the green while hitting it’s week-highest on Tuesday, 04/30/24 when the stock touched $7.36 price level, adding 21.28% to its value on the day. Aurora Cannabis Inc’s shares saw a change of 54.56% in year-to-date performance and have moved 2.22% in past 5-day. Aurora Cannabis Inc (NASDAQ:ACB) showed a performance of 47.05% in past 30-days.

Aurora Cannabis Inc (ACB) estimates and forecasts

The company is estimating its revenue growth to increase by 88.40% in the current quarter and calculating 88.60% increase in the next quarter.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $51.29 million for the same. And 3 analysts are in estimates of company making revenue of $62.86 million in the next quarter that will end on Jun 2024. Company posted $46.86 million and -$ of sales in current and next quarters respectively a year earlier.

ACB Dividends

Aurora Cannabis Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.