In last trading session, Aurora Cannabis Inc (NASDAQ:ACB) saw 1.43 million shares changing hands with its beta currently measuring 1.91. Company’s recent per share price level of $5.09 trading at -$0.03 or -0.59% at ring of the bell on the day assigns it a market valuation of $386.36M. That closing price of ACB’s stock is at a discount of -83.69% from its 52-week high price of $9.35 and is indicating a premium of 44.2% from its 52-week low price of $2.84. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.39 million shares which gives us an average trading volume of 1.11 million if we extend that period to 3-months.
For Aurora Cannabis Inc (ACB), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.67. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.15 in the current quarter.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Aurora Cannabis Inc (NASDAQ:ACB) trade information
Upright in the red during last session for losing -0.59%, in the last five days ACB remained trading in the red while hitting it’s week-highest on Tuesday, 11/05/24 when the stock touched $5.09 price level, adding 17.24% to its value on the day. Aurora Cannabis Inc’s shares saw a change of 6.89% in year-to-date performance and have moved -6.09% in past 5-day. Aurora Cannabis Inc (NASDAQ:ACB) showed a performance of -4.32% in past 30-days. Number of shares sold short was 2.63 million shares which calculate 3.77 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 8 to the stock, which implies a rise of 36.38% to its current value. Analysts have been projecting 1 as a low price target for the stock while placing it at a high target of 8.75322283. It follows that stock’s current price would jump 80.35% in reaching the projected high whereas dropping to the targeted low would mean a gain of 80.35% for stock’s current value.
Aurora Cannabis Inc (ACB) estimates and forecasts
Statistics highlight that Aurora Cannabis Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -25.26% of value to its shares in past 6 months, showing an annual growth rate of -15.63% while that of industry is 11.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 15.40% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 55.88M for the same. And 2 analysts are in estimates of company making revenue of 59.97M in the next quarter. Company posted 47.09M and 49.45M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 67.71% during past 5 years.
Aurora Cannabis Inc (NASDAQ:ACB)’s Major holders
Investors also watch the number of corporate investors in a company very closely, which is 13.38% institutions for Aurora Cannabis Inc that are currently holding shares of the company. YONG RONG (HK) ASSET MANAGEMENT LTD is the top institutional holder at ACB for having 0.15 million shares of worth $0.69 million. And as of 2024-06-30, it was holding 0.3163 of the company’s outstanding shares.
The second largest institutional holder is STUDIO INVESTMENT MANAGEMENT LLC, which was holding about 200.0 shares on 2024-06-30. The number of shares represents firm’s hold over 0.0004 of outstanding shares, having a total worth of $924.0.
