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Aurora Cannabis Stock Bearish Momentum With A 20% Fall In The Last 10 Sessions

(VIANEWS) – Shares of Aurora Cannabis (NYSE: ACB) dropped by a staggering 20.46% in 10 sessions from $0.67 to $0.53 at 14:52 EST on Tuesday, after five consecutive sessions in a row of losses. NYSE is falling 0.75% to $14,965.85, following the last session’s upward trend.

About Aurora Cannabis

Aurora Cannabis Inc., together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. 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, Caribbeans, South America, and Israel; and distribution and sale of hemp-derived cannabidiol (CBD) products in the United States (U.S.) market. In addition, the company cultivates and sells dried cannabis, cannabis oils, capsules, edible cannabis, and cannabis extracts, which are ingested in various ways, including smoking, vaporizing, and consumption in the form of oil, capsules, edibles, and extracts; and provides dried milled strains and strain specific cannabis oils. Further, it offers 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, and WMMC. Aurora Cannabis Inc. is headquartered in Edmonton, Canada.

Earnings Per Share

As for profitability, Aurora Cannabis has a trailing twelve months EPS of $-5.34.

Sales Growth

Aurora Cannabis’s sales growth is 27.5% for the current quarter and 26.6% for the next.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Aurora Cannabis’s stock is considered to be overbought (>=80).

Volatility

Aurora Cannabis’s last week, last month’s, and last quarter’s current intraday variation average was a negative 4.51%, a negative 0.49%, and a positive 2.95%.

Aurora Cannabis’s highest amplitude of average volatility was 4.51% (last week), 3.54% (last month), and 2.95% (last quarter).

Volume

Today’s last reported volume for Aurora Cannabis is 3523684 which is 37.22% below its average volume of 3485700.

More news about Aurora Cannabis (ACB).

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