Aurora Spine (CVE:ASG) Shares Down 6.8% – Here’s What Happened

Aurora Spine Co. (CVE:ASGGet Free Report)’s share price traded down 6.8% on Monday . The stock traded as low as C$0.40 and last traded at C$0.41. 48,350 shares were traded during mid-day trading, a decline of 3% from the average session volume of 50,063 shares. The stock had previously closed at C$0.44.

Aurora Spine Trading Down 6.8 %

The company has a fifty day simple moving average of C$0.43 and a two-hundred day simple moving average of C$0.36. The company has a market cap of C$31.74 million, a PE ratio of -41.00 and a beta of 0.63. The company has a current ratio of 2.35, a quick ratio of 1.40 and a debt-to-equity ratio of 76.02.

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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