Aurora Cannabis Inc. (TSE:ACB) Senior Officer Sells C$124,524.32 in Stock

Aurora Cannabis Inc. (TSE:ACB) Senior Officer Andre Jerome sold 13,390 shares of Aurora Cannabis stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of C$9.30, for a total transaction of C$124,524.32.

Aurora Cannabis Price Performance

TSE:ACB opened at C$8.58 on Wednesday. The stock’s 50-day simple moving average is C$6.47 and its 200 day simple moving average is C$7.20. Aurora Cannabis Inc. has a 52-week low of C$3.84 and a 52-week high of C$12.85. The company has a debt-to-equity ratio of 18.72, a quick ratio of 2.48 and a current ratio of 3.42. The company has a market cap of C$469.40 million, a P/E ratio of -10.59 and a beta of 2.71.

Analyst Ratings Changes

Several research analysts have weighed in on ACB shares. TD Securities upgraded Aurora Cannabis to a “strong-buy” rating in a report on Thursday, December 12th. ATB Capital cut their price objective on Aurora Cannabis from C$11.00 to C$8.50 in a report on Tuesday, December 17th. Finally, Atb Cap Markets raised Aurora Cannabis from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 5th. Three equities research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$7.11.

Aurora Cannabis Company Profile

Aurora Cannabis, headquartered in Edmonton, Canada, cultivates and sells medicinal and recreational cannabis through a portfolio of brands that includes Aurora, CanniMed, Daily Special, MedReleaf, and San Rafael ’71. Although the company primarily operates in Canada, it has expanded internationally through medical cannabis exporting agreements or cultivation facilities in more than 20 countries.