Aurora Cannabis (TSE:ACB) Trading Down 4.5% – Should You Sell?

Aurora Cannabis Inc. (TSE:ACB) dropped 4.5% on Friday . The stock traded as low as C$4.65 and last traded at C$4.70. Approximately 485,956 shares traded hands during mid-day trading, an increase of 22% from the average daily volume of 398,895 shares. The stock had previously closed at C$4.92.

Aurora Cannabis Stock Performance

The stock’s 50-day moving average is C$4.76 and its 200-day moving average is C$5.35. The company has a current ratio of 3.06, a quick ratio of 2.48 and a debt-to-equity ratio of 25.02. The stock has a market cap of C$277.90 million, a price-to-earnings ratio of -3.13 and a beta of 0.17.

Aurora Cannabis (TSE:ACB) last released its quarterly earnings data on Wednesday, February 4th. The company reported C$0.03 earnings per share (EPS) for the quarter. Aurora Cannabis had a negative net margin of 1.69% and a negative return on equity of 1.15%. The company had revenue of C$94.19 million during the quarter. On average, analysts expect that Aurora Cannabis Inc. will post -0.22 EPS for the current year.

About Aurora Cannabis

Aurora Cannabis, headquartered in Edmonton, Canada, cultivates and sells medicinal and recreational cannabis through a portfolio of brands that includes Aurora, CanniMed, Daily Special, MedReleaf, and San Rafael ’71. Although the company primarily operates in Canada, it has expanded internationally through medical cannabis exporting agreements or cultivation facilities in more than 20 countries.