Aurora Cannabis Stock Bearish By 10% So Far Today

(VIANEWS) – Shares of Aurora Cannabis (NYSE: ACB) dropped by a staggering 10.5% to $0.55 at 14:48 EST on Friday, after five sequential sessions in a row of gains. NYSE is sliding 0.58% to $15,510.62, following the last session’s downward trend. This seems, as yet, a somewhat bearish trend trading session today.

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. It is also involved in the distribution of wholesale medical cannabis in the European Union (EU); distribution of wholesale medical cannabis in various international markets, including Australia, the Caribbean, South America, and Israel; supply of propagated vegetables and ornamental plants in North America; and distribution and sale of hemp-derived cannabidiol (CBD) products. In addition, the company cultivates and sells dried cannabis, cannabis oils, capsules, edible cannabis, cannabis extracts, and soft gels, which are ingested in various ways, including smoking, vaporizing, and consumption in the form of oil, capsules, edibles, and extracts; and provides dried flowers, vapes, dried milled strains, strain-specific extracts, strain specific cannabis oils, and concentrates. Further, it offers recreational cannabis products, such as flowers, vapes, ingestibles, concentrates, extracts, and CBD products; and patient counseling and outreach services. The company's adult-use brand portfolio includes Aurora Drift, San Rafael '71, Daily Special, Whistler, Being, and Greybeard, as well as CBD brands, Reliva and KG7; and medical cannabis brands include MedReleaf, CanniMed, Aurora, Whistler Medical Marijuana Co, Pedanios, Bidiol, and CraftPlant. Aurora Cannabis Inc. is headquartered in Leduc, Canada.

Earnings Per Share

As for profitability, Aurora Cannabis has a trailing twelve months EPS of $-6.26.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Aurora Cannabis’s stock is considered to be oversold (<=20).

Volume

Today’s last reported volume for Aurora Cannabis is 4313667 which is 32.93% above its average volume of 3244900.

Volatility

Aurora Cannabis’s last week, last month’s, and last quarter’s current intraday variation average was a positive 2.04%, a negative 0.51%, and a positive 2.80%.

Aurora Cannabis’s highest amplitude of average volatility was 2.04% (last week), 3.08% (last month), and 2.80% (last quarter).

Sales Growth

Aurora Cannabis’s sales growth is 28.8% for the present quarter and 27.9% for the next.

More news about Aurora Cannabis (ACB).

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