Shares of Aurora Cannabis Inc (OTCMKTS:ACBFF – Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $2.98 and traded as low as $2.72. Aurora Cannabis shares last traded at $2.83, with a volume of 1,179,644 shares trading hands.
Aurora Cannabis Price Performance
The firm has a market capitalization of $2.72 billion and a price-to-earnings ratio of 23.58. The stock has a fifty day moving average of $2.98 and a two-hundred day moving average of $3.41.
About Aurora Cannabis
Aurora Cannabis Inc (OTCMKTS:ACBFF) is a Canadian licensed producer of medical and consumer cannabis products. Headquartered in Edmonton, Alberta, the company operates large-scale indoor and greenhouse facilities designed to produce consistent, high-quality cannabis flower and derivative products. Aurora’s operations span cultivation, processing and distribution, with an emphasis on leveraging advanced technologies and proprietary genetics to meet diverse patient and adult-use consumer needs.
The company’s product portfolio includes dried flower, cannabis oils, softgel capsules, vaporizable extracts and pre-rolled offerings.
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