Aurora Spine Co. (CVE:ASG – Get Free Report) dropped 16.7% on Monday. The stock traded as low as C$0.10 and last traded at C$0.10. 164,021 shares were traded during mid-day trading, an increase of 384% from the average daily volume of 33,859 shares. The stock had previously closed at C$0.12.
Aurora Spine Stock Down 13.0%
The company’s fifty day simple moving average is C$0.15 and its 200 day simple moving average is C$0.23. The company has a quick ratio of 1.40, a current ratio of 2.25 and a debt-to-equity ratio of 76.80. The firm has a market capitalization of C$7.81 million, a PE ratio of -10.00 and a beta of 0.01.
About Aurora Spine
Aurora Spine Corporation, through its subsidiary, Aurora Spine, Inc, engages in the development and distribution of minimally invasive interspinous fusion systems and devices in Canada. The company offers interspinous process lumbar fusion devices, such as the ZIP, ZIP ULTRA, ZIP LP, and ZIP-51 for patients suffering from degenerative disc diseases; and Ti-Coated polyether ether ketone interbody cages, which provide spacing and stability between the vertebrae while bone grows to complete the fusion process.
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