Shares of Aurora Cannabis Inc (OTCMKTS:ACBFF – Get Free Report) dropped 2.3% on Thursday. The company traded as low as $3.87 and last traded at $3.88. 602,876 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 4,224,181 shares. The stock had previously closed at $3.97.
Aurora Cannabis Stock Down 2.3%
The business has a 50-day moving average price of $4.04 and a 200-day moving average price of $3.56. The firm has a market capitalization of $3.73 billion and a PE ratio of 32.33.
Aurora Cannabis Company Profile
Aurora Cannabis Inc is a Canadian cannabis company headquartered in Edmonton, Alberta. Founded in 2013, the company develops, produces and distributes medical cannabis products for patients and healthcare markets. Its portfolio includes dried cannabis, pre-rolls, oils, softgels and other cannabis-based products, sold under brands such as Aurora, MedReleaf and CanniMed.
Aurora’s primary focus is the global medical cannabis market, with operations and commercial activities in Canada and select international markets, including parts of Europe, Australia and Latin America.
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