Aurora Spine Co. (CVE:ASG – Get Free Report) shares were down 14.3% during mid-day trading on Friday . The stock traded as low as C$0.22 and last traded at C$0.24. Approximately 222,873 shares traded hands during mid-day trading, an increase of 441% from the average daily volume of 41,188 shares. The stock had previously closed at C$0.28.
Aurora Spine Stock Performance
The stock has a market capitalization of C$18.74 million, a P/E ratio of -24.00 and a beta of -0.75. The company has a 50 day simple moving average of C$0.27 and a 200-day simple moving average of C$0.28. The company has a debt-to-equity ratio of 18.11, a current ratio of 2.33 and a quick ratio of 1.40.
Aurora Spine Company Profile
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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