Aurora Cannabis (TSE:ACB) Shares Down 2%

Aurora Cannabis Inc. (TSE:ACB) shares were down 2% during trading on Friday . The stock traded as low as C$6.34 and last traded at C$6.37. Approximately 59,921 shares traded hands during trading, a decline of 96% from the average daily volume of 1,340,024 shares. The stock had previously closed at C$6.50.

Wall Street Analysts Forecast Growth

Separately, ATB Capital reduced their price objective on Aurora Cannabis from C$12.50 to C$11.00 and set a “sector perform” rating on the stock in a report on Friday, June 21st.

Aurora Cannabis Price Performance

The firm has a fifty day simple moving average of C$8.66 and a 200 day simple moving average of C$5.10. The company has a market capitalization of C$344.69 million, a PE ratio of -0.08 and a beta of 2.65. The company has a debt-to-equity ratio of 18.51, a quick ratio of 2.48 and a current ratio of 3.79.

About Aurora Cannabis

Aurora Cannabis Inc, together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. It operates through three segments: Canadian Cannabis, European Cannabis, and Plant Propagation. The company produces, distributes, and sells medical and consumer cannabis products in Canada.