Insider Selling: 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 stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of C$9.30, for a total value of C$124,524.32.

Aurora Cannabis Stock Performance

Shares of ACB opened at C$8.25 on Thursday. The company has a current ratio of 3.42, a quick ratio of 2.48 and a debt-to-equity ratio of 18.72. The stock has a market capitalization of C$451.34 million, a P/E ratio of -10.19 and a beta of 2.71. The firm’s fifty day simple moving average is C$6.56 and its two-hundred day simple moving average is C$7.21. Aurora Cannabis Inc. has a 12 month low of C$3.84 and a 12 month high of C$12.85.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. TD Securities upgraded Aurora Cannabis to a “strong-buy” rating in a report on Thursday, December 12th. ATB Capital decreased their price objective on Aurora Cannabis from C$11.00 to C$8.50 in a report on Tuesday, December 17th. Finally, Atb Cap Markets upgraded Aurora Cannabis from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 5th. Three research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, Aurora Cannabis 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.