Aurora Cannabis (ACB) to Release Quarterly Earnings on Wednesday

Aurora Cannabis (NASDAQ:ACB) will likely be announcing its earnings results before the market opens on Wednesday, February 5th. Analysts expect the company to announce earnings of ($0.09) per share and revenue of $80.01 million for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Aurora Cannabis Price Performance

Shares of ACB opened at $3.75 on Wednesday. Aurora Cannabis has a fifty-two week low of $2.84 and a fifty-two week high of $9.35. The firm’s 50 day moving average price is $4.26 and its 200 day moving average price is $5.24. The company has a market cap of $205.73 million, a P/E ratio of -4.93 and a beta of 1.86. The company has a quick ratio of 1.88, a current ratio of 3.83 and a debt-to-equity ratio of 0.07.

Analysts Set New Price Targets

ACB has been the topic of several recent research reports. TD Securities raised shares of Aurora Cannabis to a “strong-buy” rating in a research note on Thursday, December 12th. TD Cowen initiated coverage on shares of Aurora Cannabis in a research note on Wednesday, December 11th. They set a “buy” rating on the stock.

About Aurora Cannabis

Aurora Cannabis Inc, together with its subsidiaries, produces, distributes, and sells cannabis and cannabis-derivative products in Canada and internationally. It operates through three segments: Canadian Cannabis, European Cannabis, and Plant Propagation. The company produces, distributes, and sells medical and consumer cannabis products in Canada.