Aurora Cannabis Inc (NASDAQ:ACB) has a beta value of 1.84 and has seen 2.33 million shares traded in the last trading session. The company, currently valued at $219.94M, closed the last trade at $3.91 per share which meant it lost -$0.17 on the day or -4.17%% during that session. The ACB stock price is -84.14% off its 52-week high price of $7.20 and 12.53% above the 52-week low of $3.42. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.11 million shares traded. The 3-month trading volume is 1.11 million shares.
The consensus among analysts is that Aurora Cannabis Inc (ACB) is Hold stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 5 out of 7 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight.
Aurora Cannabis Inc (NASDAQ:ACB) trade information
Sporting -4.17%% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ACB stock price touched $3.91 or saw a rise of 37.04%. Year-to-date, Aurora Cannabis Inc shares have moved -31.64%, while the 5-day performance has seen it change -33.16%. Over the past 30 days, the shares of Aurora Cannabis Inc (NASDAQ:ACB) have changed -25.10%. Short interest in the company has seen 5.13 million shares shorted with days to cover at 5.59.
Wall Street analysts have a consensus price target for the stock at $8, which means that the shares’ value could jump 51.12% from current levels. The projected low price target is $1.0 while the price target rests at a high of $8.75322283. In that case, then, we find that the current price level is -123.87% off the targeted high while a plunge would see the stock lose 74.42% from current levels.
Aurora Cannabis Inc (ACB) estimates and forecasts
The company’s shares have lost -12.53% over the past 6 months.
Earnings growth for 2025 is a modest 253.33% while over the next 5 years, the company’s earnings are expected to increase by 31.36%.
ACB Dividends
Aurora Cannabis Inc is expected to release its next earnings report on 2025-Jun-18 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Aurora Cannabis Inc (NASDAQ:ACB)’s Major holders
Investors are also buoyed by the number of investors in a company, with Aurora Cannabis Inc having a total of 190.0 institutions that hold shares in the company. The top two institutional holders are SUSQUEHANNA INTERNATIONAL GROUP, LLP with over 1.42 million shares worth more than $6.54 million. As of 2024-06-30, SUSQUEHANNA INTERNATIONAL GROUP, LLP held 2.7621% of shares outstanding.
The other major institutional holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP, with the holding of over 1.4 million shares as of 2024-06-30. The firm’s total holdings are worth over $6.49 million and represent 2.7396% of shares outstanding.
