Aurora Cannabis (TSE:ACB – Free Report) had its price objective trimmed by ATB Capital from C$12.50 to C$11.00 in a research report released on Friday, BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.
Separately, Jefferies Financial Group reduced their target price on shares of Aurora Cannabis from C$6.12 to C$4.95 and set a hold rating for the company in a research report on Tuesday, February 27th.
Read Our Latest Stock Report on ACB
Aurora Cannabis Stock Down 6.8 %
Aurora Cannabis stock opened at C$7.03 on Friday. Aurora Cannabis has a twelve month low of C$3.84 and a twelve month high of C$15.50. The firm has a 50 day moving average price of C$8.86 and a 200-day moving average price of C$4.86. The company has a market capitalization of C$383.42 million, a P/E ratio of -0.09 and a beta of 2.65. The company has a quick ratio of 2.48, a current ratio of 3.79 and a debt-to-equity ratio of 18.51.
About Aurora Cannabis
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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.
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