Aurora Cannabis (TSE:ACB) Raised to “Strong-Buy” at TD Securities

Aurora Cannabis (TSE:ACB) was upgraded by equities research analysts at TD Securities to a “strong-buy” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Aurora Cannabis Stock Performance

Shares of ACB stock opened at C$6.15 on Thursday. The firm has a market capitalization of C$336.16 million, a price-to-earnings ratio of -9.76 and a beta of 2.71. The company has a debt-to-equity ratio of 16.95, a current ratio of 3.76 and a quick ratio of 2.48. The business has a fifty day moving average of C$6.96 and a 200 day moving average of C$7.61. Aurora Cannabis has a 1 year low of C$3.84 and a 1 year high of C$12.85.

Insider Buying and Selling

In other Aurora Cannabis news, Senior Officer Andre Jerome sold 7,712 shares of the stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of C$7.70, for a total transaction of C$59,382.40.

About Aurora Cannabis

Aurora Cannabis Inc, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and cannabis-derivative products in Canada and internationally. It operates through two segments, Canadian Cannabis and Plant Propagation. The company offers medical and consumer cannabis products; supplies propagated vegetables and ornamental plants; and distributes and sells hemp-derived cannabidiol (CBD) products.