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

Aurora Cannabis (TSE:ACB) was upgraded by stock analysts at TD Securities to a “strong-buy” rating in a report released on Thursday,Zacks.com reports.

Aurora Cannabis Price Performance

TSE:ACB opened at C$6.15 on Thursday. Aurora Cannabis has a 52 week low of C$3.84 and a 52 week high of C$12.85. The company has a quick ratio of 2.48, a current ratio of 3.76 and a debt-to-equity ratio of 16.95. The stock has a market capitalization of C$336.16 million, a PE ratio of -9.76 and a beta of 2.71. The stock’s 50-day moving average price is C$6.96 and its 200-day moving average price is C$7.61.

Insider Activity

In other news, Senior Officer Andre Jerome sold 7,712 shares of the firm’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.