Shares of Aurora Spine Co. (CVE:ASG – Get Free Report) dropped 3.6% during trading on Wednesday . The stock traded as low as C$0.27 and last traded at C$0.27. Approximately 40,000 shares were traded during trading, an increase of 3% from the average daily volume of 38,719 shares. The stock had previously closed at C$0.28.
Aurora Spine Stock Down 3.6%
The company has a quick ratio of 1.40, a current ratio of 2.40 and a debt-to-equity ratio of 73.68. The firm has a market capitalization of C$20.68 million, a price-to-earnings ratio of -26.50 and a beta of -0.17. The stock has a 50 day moving average of C$0.29 and a 200 day moving average of C$0.30.
Aurora Spine Company Profile
Aurora Spine Corporation, through its subsidiary, Aurora Spine, Inc, engages in the development and distribution of minimally invasive interspinous fusion systems and devices in Canada. The company offers interspinous process lumbar fusion devices, such as the ZIP, ZIP ULTRA, ZIP LP, and ZIP-51 for patients suffering from degenerative disc diseases; and Ti-Coated polyether ether ketone interbody cages, which provide spacing and stability between the vertebrae while bone grows to complete the fusion process.
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