Shares of Aurora Spine Co. (CVE:ASG – Get Free Report) rose 9.8% on Thursday . The company traded as high as C$0.28 and last traded at C$0.28. Approximately 34,004 shares traded hands during trading, a decline of 16% from the average daily volume of 40,719 shares. The stock had previously closed at C$0.26.
Aurora Spine Price Performance
The stock’s 50 day moving average is C$0.27 and its two-hundred day moving average is C$0.28. The company has a debt-to-equity ratio of 18.11, a current ratio of 2.33 and a quick ratio of 1.40. The stock has a market capitalization of C$18.74 million, a PE ratio of -24.00 and a beta of -0.75.
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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