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 the business’s stock in a transaction dated 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 Stock Performance

Aurora Cannabis stock opened at C$8.94 on Tuesday. The company has a debt-to-equity ratio of 18.72, a quick ratio of 2.48 and a current ratio of 3.42. Aurora Cannabis Inc. has a fifty-two week low of C$3.84 and a fifty-two week high of C$12.85. The stock has a fifty day moving average of C$6.47 and a two-hundred day moving average of C$7.20. The company has a market capitalization of C$489.09 million, a price-to-earnings ratio of -11.04 and a beta of 2.71.

Analyst Upgrades and Downgrades

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

About Aurora Cannabis

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.