Aurora Cannabis (TSE:ACB) Rating Increased to Strong-Buy at TD Securities

TD Securities upgraded shares of Aurora Cannabis (TSE:ACB) to a strong-buy rating in a research report report published on Thursday morning,Zacks.com reports.

Aurora Cannabis Stock Down 1.9 %

Aurora Cannabis stock opened at C$6.05 on Thursday. Aurora Cannabis has a twelve month low of C$3.84 and a twelve month high of C$12.85. The company has a debt-to-equity ratio of 16.95, a quick ratio of 2.48 and a current ratio of 3.76. The firm has a market cap of C$330.69 million, a PE ratio of -9.60 and a beta of 2.71. The firm’s 50 day moving average price is C$6.99 and its two-hundred day moving average price is C$7.63.

Insider Activity at Aurora Cannabis

In related news, Senior Officer Andre Jerome sold 7,712 shares of the business’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of C$7.70, for a total transaction of C$59,382.40.

About Aurora Cannabis

Aurora Cannabis Inc, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and cannabis-derivative products in Canada and internationally. It operates through two segments, Canadian Cannabis and Plant Propagation. The company offers medical and consumer cannabis products; supplies propagated vegetables and ornamental plants; and distributes and sells hemp-derived cannabidiol (CBD) products.