In the last trading session, 1.42 million shares of the Aurora Cannabis Inc (NASDAQ:ACB) were traded, and its beta was 1.83. Most recently the company’s share price was $4.56, and it changed around $0.13 or 2.93% from the last close, which brings the market valuation of the company to $256.50M. ACB currently trades at a discount to its 52-week high of $7.20, offering almost -57.89% off that amount. The share price’s 52-week low was $3.42, which indicates that the current value has risen by an impressive 25.0% since then. We note from Aurora Cannabis Inc’s average daily trading volume that its 10-day average is 1.34 million shares, with the 3-month average coming to 1.18 million.
Aurora Cannabis Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended ACB as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight.
Aurora Cannabis Inc (NASDAQ:ACB) trade information
Instantly ACB has showed a green trend with a performance of 2.93% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 4.61 on recent trading dayincreased the stock’s daily price by 1.08%. The company’s shares are currently down -6.94% year-to-date, but still up 7.55% over the last five days. On the other hand, Aurora Cannabis Inc (NASDAQ:ACB) is -15.71% down in the 30-day period. We can see from the shorts that 5.03 million shares have been sold at a short interest cover period of 5.96 day(s).
The consensus price target as assigned by Wall Street analysts is $8, which translates to bulls needing to increase their stock price by 43.0% from its current value. Analyst projections state that ACB is forecast to be at a low of $1 and a high of $8.75322283.
Aurora Cannabis Inc earnings are expected to increase by 253.33% in 2025, but the outlook is positive 31.36% per year for the next five years.
ACB Dividends
Aurora Cannabis Inc’s next quarterly earnings report is expected to be released on 2025-Jun-18.
Aurora Cannabis Inc (NASDAQ:ACB)’s Major holders
Upon looking at major shareholders, 19.70% of them are in the hands of institutional investors. The stock currently has a share float of 19.70%. Aurora Cannabis Inc stock is held by 190.0 institutions, with SUSQUEHANNA INTERNATIONAL GROUP, LLP being the largest institutional investor. By 2024-06-30, it held 2.7621% of the shares, which is about 1.42 million shares worth $6.54 million.
SUSQUEHANNA INTERNATIONAL GROUP, LLP, with 2.7396% or 1.4 million shares worth $6.49 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
