Aurora Cannabis (OTCMKTS:ACBFF) Stock Jumps 2.9% – What’s Next?

Shares of Aurora Cannabis Inc (OTCMKTS:ACBFF – Get Free Report) were up 2.9% during trading on Thursday. The company traded as high as $4.64 and last traded at $4.59. 1,940,121 shares changed hands during mid-day trading, a decline of 54% from the average session volume of 4,224,181 shares. The stock had previously closed at $4.46.

Aurora Cannabis Stock Up 1.4%

The firm has a market cap of $4.31 billion and a price-to-earnings ratio of 37.42. The firm has a 50 day moving average of $3.82 and a 200 day moving average of $3.40.

About Aurora Cannabis

(Get Free Report)

Aurora Cannabis Inc is a Canadian cannabis company headquartered in Edmonton, Alberta. Founded in 2013, the company develops, produces and distributes cannabis and cannabis-derived products for medical and adult-use markets. Its product portfolio has included dried cannabis flower, pre-rolls, oils, softgels, vapes and other cannabis formats, offered under brands such as Aurora, CanniMed, MedReleaf and San Rafael ’71.

Aurora’s medical cannabis business serves patients in Canada and international markets, while its consumer cannabis operations supply products through Canada’s regulated adult-use market.

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