Aurora Cannabis Inc is a drug manufacturers-specialty & generic business based in the US. Aurora Cannabis shares (ACB) are listed on the NASDAQ and all prices are listed in US Dollars. Aurora Cannabis employs 1,761 staff and has a trailing 12-month revenue of around USD$245.3 million.
How to buy shares in Aurora Cannabis
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – ACB – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
Is it a good time to buy Aurora Cannabis stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
What's in this guide?
- Can I buy shares in Aurora Cannabis?
- Has coronavirus impacted Aurora Cannabis shares?
- Aurora Cannabis shares summary
- Compare share dealing platforms
- Is Aurora Cannabis stock a buy or sell?
- Aurora Cannabis performance over time
- Can I short Aurora Cannabis shares?
- Aurora Cannabis's financials
- How volatile are Aurora Cannabis shares?
- Does Aurora Cannabis pay a dividend?
- Have Aurora Cannabis shares ever split?
- Other common questions
How has Coronavirus impacted Aurora Cannabis's stock price?
Since the stock market crash in March caused by coronavirus, Aurora Cannabis's stock price has had significant positive movement.
Its last market close was $7.07, which is 76.38% up on its pre-crash value of $1.67 and 1,078.33% up on the lowest point reached during the March crash when the stocks fell as low as $0.6.
If you had bought $1,000 worth of Aurora Cannabis stocks at the start of February 2020, those stocks would have been worth $341.30 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $3,535.00.
Aurora Cannabis stock priceUse our graph to track the performance of ACB stocks over time.
Aurora Cannabis shares at a glance
|Latest market close||$7.07|
|52-week range||$3.71 - $18.98|
|50-day moving average||$6.86|
|200-day moving average||$7.79|
|Wall St. target price||$6.86|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-3.32|
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Note: The dollar amounts in the table below are in Canadian dollars.
Aurora Cannabis price performance over time
|1 week (2021-10-14)||-2.62%|
|1 month (2021-09-23)||14.96%|
|3 months (2021-07-23)||-0.14%|
|6 months (2021-04-23)||-15.33%|
|1 year (2020-10-23)||51.07%|
|2 years (2019-10-24)||90.05%|
|3 years (2018-10-24)||7.27|
|5 years (2016-10-24)||306.25%|
Aurora Cannabis financials
|Revenue TTM||$245.3 million|
|Gross profit TTM||$-21,558,000|
|Return on assets TTM||-6.43%|
|Return on equity TTM||-33.33%|
|Market capitalisation||$1.4 billion|
TTM: trailing 12 months
Shorting Aurora Cannabis shares
There are currently 40.4 million Aurora Cannabis shares held short by investors – that's known as Aurora Cannabis's "short interest". This figure is 5.5% up from 38.3 million last month.
There are a few different ways that this level of interest in shorting Aurora Cannabis shares can be evaluated.
Aurora Cannabis's "short interest ratio" (SIR)
Aurora Cannabis's "short interest ratio" (SIR) is the quantity of Aurora Cannabis shares currently shorted divided by the average quantity of Aurora Cannabis shares traded daily (recently around 5.8 million). Aurora Cannabis's SIR currently stands at 7.03. In other words for every 100,000 Aurora Cannabis shares traded daily on the market, roughly 7030 shares are currently held short.
However Aurora Cannabis's short interest can also be evaluated against the total number of Aurora Cannabis shares, or, against the total number of tradable Aurora Cannabis shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Aurora Cannabis's short interest could be expressed as 0.2% of the outstanding shares (for every 100,000 Aurora Cannabis shares in existence, roughly 200 shares are currently held short) or 0.2042% of the tradable shares (for every 100,000 tradable Aurora Cannabis shares, roughly 204 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Aurora Cannabis.
Aurora Cannabis share dividends
We're not expecting Aurora Cannabis to pay a dividend over the next 12 months.
Have Aurora Cannabis's shares ever split?
Aurora Cannabis's shares were split on a 1:12 basis on 11 May 2020. So if you had owned 12 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Aurora Cannabis shares – just the quantity. However, indirectly, the new 1100% higher share price could have impacted the market appetite for Aurora Cannabis shares which in turn could have impacted Aurora Cannabis's share price.
Aurora Cannabis share price volatility
Over the last 12 months, Aurora Cannabis's shares have ranged in value from as little as $3.71 up to $18.98. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Aurora Cannabis's is 3.2254. This would suggest that Aurora Cannabis's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Aurora Cannabis overview
Aurora Cannabis Inc. produces, distributes, and sells cannabis and cannabis derivative products in Canada and internationally. It also engages in facility engineering and design, cannabis breeding, research, production, derivatives, product development, wholesale, and retail distribution activities. The company produces various strains of dried cannabis, cannabis oil and capsules, and topical kits for medical patients. It also sells vaporizers; consumable vaporizer accessories; and herb mills for using CanniMed herbal cannabis products, as well as grinders and vaporizer lockable containers. In addition, the company engages in the development of medical cannabis products at various stages of development, including oral, topical, edible, and inhalable products; and operation of CanvasRX, a network of cannabis counseling and outreach centers. Further, it provides patient counselling services; design and construction services; and cannabis analytical product testing services.
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