Aurora Cannabis (NYSE:ACB) is set to announce its earnings results after the market closes on Thursday, November 14th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.
Shares of NYSE ACB opened at $3.57 on Wednesday. The firm has a market cap of $3.67 billion, a price-to-earnings ratio of -16.23 and a beta of 2.30. The company has a quick ratio of 1.14, a current ratio of 1.52 and a debt-to-equity ratio of 0.09. Aurora Cannabis has a 52-week low of $3.40 and a 52-week high of $10.32. The business’s 50 day moving average is $3.96 and its two-hundred day moving average is $6.33.
A number of analysts have issued reports on ACB shares. Cantor Fitzgerald started coverage on Aurora Cannabis in a research report on Monday, November 4th. They issued a “neutral” rating and a $5.10 target price on the stock. Compass Point set a $8.00 target price on Aurora Cannabis and gave the company a “hold” rating in a research report on Thursday, September 12th. CIBC started coverage on Aurora Cannabis in a research report on Tuesday, September 24th. They issued a “neutral” rating and a $7.00 target price on the stock. ValuEngine raised Aurora Cannabis from a “hold” rating to a “buy” rating in a research report on Wednesday, August 21st. Finally, Canaccord Genuity set a $13.50 target price on Aurora Cannabis and gave the company a “buy” rating in a research report on Friday, September 13th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $7.43.
Aurora Cannabis Company Profile
Aurora Cannabis Inc produces and distributes medical cannabis products. It is vertically integrated and horizontally diversified across various segments of the cannabis value chain, from facility engineering and design to cannabis breeding, genetics research, production, derivatives, high value-add product development, home cultivation, wholesale, and retail distribution.
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