Aurora Spine (CVE:ASG) Stock Price Down 1.2% – Should You Sell?

Aurora Spine Co. (CVE:ASGGet Free Report)’s share price fell 1.2% on Monday . The stock traded as low as C$0.42 and last traded at C$0.42. 52,500 shares traded hands during trading, an increase of 80% from the average session volume of 29,231 shares. The stock had previously closed at C$0.43.

Aurora Spine Price Performance

The company has a current ratio of 2.35, a quick ratio of 1.40 and a debt-to-equity ratio of 76.02. The firm has a market capitalization of C$32.52 million, a price-to-earnings ratio of -42.00 and a beta of 0.63. The company’s 50 day moving average is C$0.42 and its 200-day moving average is C$0.33.

Aurora Spine Company Profile

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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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