Aurora Cannabis Stock Today
| ACB Stock | USD 5.79 0.11 1.86% |
Performance7 of 100
| Odds Of DistressOver 75
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Aurora Cannabis is trading at 5.79 as of the 19th of April 2024, a -1.86% down since the beginning of the trading day. The stock's open price was 5.9. Aurora Cannabis has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Aurora Cannabis are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Pharmaceuticals, Biotechnology & Life Sciences | IPO Date 11th of July 2014 | Category Healthcare | Classification Health Care |
Aurora Cannabis Inc., together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. The companys adult-use brand portfolio includes Aurora Drift, San Rafael 71, Daily Special, Whistler, Being, and Greybeard, as well as CBD brands, Reliva and KG7 and medical cannabis brands include MedReleaf, CanniMed, Aurora, and WMMC. The company has 54.54 M outstanding shares of which 5.08 M shares are presently shorted by investors with about 1.36 days to cover. More on Aurora Cannabis
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Moving against Aurora Stock
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Aurora Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Aurora Cannabis' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Aurora Cannabis or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO, Director | Paul Thomson | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Cannabis (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [ALPHA BANK , ALPHA BANK , ALPHA BANK , ACB, ALPHA BANK , A-Cap Energy Ltd] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Pharmaceuticals, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, VN All Shares, VN Index, NASDAQ Composite, NASDAQ Health Care, VN100, VN 30, Cannabis, Health Care, Pharmaceuticals, Drug Manufacturers—Specialty & Generic, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Aurora Cannabis report their recommendations after researching Aurora Cannabis' financial statements, talking to executives and customers, or listening in on Aurora Cannabis' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Aurora Cannabis. The Aurora consensus assessment is calculated by taking the average forecast from all of the analysts covering Aurora Cannabis. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Aurora Cannabis' liquidity, profitability, solvency, and operating efficiency, Aurora Cannabis is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Aurora Cannabis is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Aurora Cannabis' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Aurora Cannabis' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Aurora Cannabis' financial leverage. It provides some insight into what part of Aurora Cannabis' total assets is financed by creditors.
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Aurora Cannabis (ACB) is traded on NASDAQ Exchange in USA. It is located in 2207 90B Street SW, Edmonton, AB, Canada, T6X 1V8 and employs 1,130 people. Aurora Cannabis is listed under Pharmaceuticals category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 357.06 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Aurora Cannabis's market, we take the total number of its shares issued and multiply it by Aurora Cannabis's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Aurora Cannabis runs under Pharmaceuticals sector within Health Care industry. The entity has 54.54 M outstanding shares of which 5.08 M shares are presently shorted by investors with about 1.36 days to cover.
Aurora Cannabis has about 439.14 M in cash with (115.82 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.46.
Check Aurora Cannabis Probability Of Bankruptcy
Ownership AllocationAurora Cannabis holds a total of 54.54 Million outstanding shares. Almost 93.0 percent of Aurora Cannabis outstanding shares are held by general public with 6.95 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Aurora Ownership Details
Aurora Stock Price Odds Analysis
What are Aurora Cannabis' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Aurora Cannabis jumping above the current price in 90 days from now is about 9.59%. The Aurora Cannabis probability density function shows the probability of Aurora Cannabis stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Aurora Cannabis has a beta of -0.65. This suggests as returns on the benchmark increase, returns on holding Aurora Cannabis are expected to decrease at a much lower rate. During a bear market, however, Aurora Cannabis is likely to outperform the market. Additionally, aurora Cannabis has an alpha of 0.6966, implying that it can generate a 0.7 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Aurora Cannabis to move above the current price in 90 days from now is about 9.59 (This Aurora Cannabis probability density function shows the probability of Aurora Stock to fall within a particular range of prices over 90 days) .
Aurora Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Aurora Cannabis that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Aurora Cannabis' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Aurora Cannabis' value.| Instituion | Recorded On | Shares | |
| Two Sigma Advisers, Llc | 2023-12-31 | 294.8 K | |
| Amvescap Plc. | 2023-12-31 | 269.4 K | |
| Barclays Plc | 2023-12-31 | 222.6 K | |
| Greenwich Wealth Management Llc | 2023-12-31 | 200 K | |
| Mackenzie Investments | 2023-12-31 | 200 K | |
| Commonwealth Equity Services Inc | 2023-12-31 | 198.6 K | |
| Lpl Financial Corp | 2023-12-31 | 171.8 K | |
| Goldman Sachs Group Inc | 2023-09-30 | 167.3 K | |
| Creative Planning Inc | 2023-12-31 | 152.6 K | |
| Renaissance Technologies Corp | 2023-12-31 | 10.3 M | |
| Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 2.6 M |
Aurora Cannabis Historical Income Statement
Aurora Cannabis Income Statement is one of the three primary financial statements used for reporting Aurora's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Aurora Cannabis revenue and expense. Aurora Cannabis Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Aurora Cannabis' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 588.8 M, whereas Operating Income is projected to grow to (217.4 M). View More FundamentalsAurora Stock Against Markets
Picking the right benchmark for Aurora Cannabis stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Aurora Cannabis stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Aurora Cannabis is critical whether you are bullish or bearish towards Aurora Cannabis at a given time. Please also check how Aurora Cannabis' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Aurora Cannabis without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Aurora Cannabis Corporate Directors
Aurora Cannabis corporate directors refer to members of an Aurora Cannabis board of directors. The board of directors generally takes responsibility for the Aurora Cannabis' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Aurora Cannabis' board members must vote for the resolution. The Aurora Cannabis board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Angang Shen | Director | Profile | |
| Muhan Liu | Director | Profile | |
| Toai Nguyen | Deputy General Director, Information Disclosure Officer | Profile | |
| Jijing Niu | Non-Executive Director | Profile |
How to buy Aurora Stock?
Before investing in Aurora Cannabis, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Aurora Cannabis. To buy Aurora Cannabis stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Aurora Cannabis. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Aurora Cannabis stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Aurora Cannabis stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Aurora Cannabis stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Aurora Cannabis, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Aurora Stock please use our How to Invest in Aurora Cannabis guide.
Already Invested in Aurora Cannabis?
The danger of trading Aurora Cannabis is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Aurora Cannabis is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Aurora Cannabis. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Aurora Cannabis is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Aurora Cannabis offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aurora Cannabis' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aurora Cannabis Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aurora Cannabis Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Cannabis. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Aurora Stock refer to our How to Trade Aurora Stock guide.Note that the Aurora Cannabis information on this page should be used as a complementary analysis to other Aurora Cannabis' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Aurora Stock analysis
When running Aurora Cannabis' price analysis, check to measure Aurora Cannabis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aurora Cannabis is operating at the current time. Most of Aurora Cannabis' value examination focuses on studying past and present price action to predict the probability of Aurora Cannabis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurora Cannabis' price. Additionally, you may evaluate how the addition of Aurora Cannabis to your portfolios can decrease your overall portfolio volatility.
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Is Aurora Cannabis' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aurora Cannabis. If investors know Aurora will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aurora Cannabis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.92) | Earnings Share (57.31) | Revenue Per Share 6.784 | Quarterly Revenue Growth 0.055 | Return On Assets (0.08) |
The market value of Aurora Cannabis is measured differently than its book value, which is the value of Aurora that is recorded on the company's balance sheet. Investors also form their own opinion of Aurora Cannabis' value that differs from its market value or its book value, called intrinsic value, which is Aurora Cannabis' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aurora Cannabis' market value can be influenced by many factors that don't directly affect Aurora Cannabis' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aurora Cannabis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aurora Cannabis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aurora Cannabis' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.