Insider Selling: Aurora Cannabis Inc. (TSE:ACB) Senior Officer Sells 13,390 Shares of Stock

Aurora Cannabis Inc. (TSE:ACB) Senior Officer Andre Jerome sold 13,390 shares of the company’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of C$9.30, for a total value of C$124,524.32.

Aurora Cannabis Trading Down 4.9 %

Shares of TSE:ACB traded down C$0.46 during mid-day trading on Monday, reaching C$8.94. The stock had a trading volume of 758,160 shares, compared to its average volume of 674,345. The firm has a 50 day simple moving average of C$6.42 and a two-hundred day simple moving average of C$7.20. Aurora Cannabis Inc. has a twelve month low of C$3.84 and a twelve month high of C$12.85. The firm has a market cap of C$489.09 million, a PE ratio of -11.04 and a beta of 2.71. The company has a current ratio of 3.42, a quick ratio of 2.48 and a debt-to-equity ratio of 18.72.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Atb Cap Markets upgraded shares of Aurora Cannabis from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 5th. TD Securities raised shares of Aurora Cannabis to a “strong-buy” rating in a research note on Thursday, December 12th. Finally, ATB Capital dropped their target price on shares of Aurora Cannabis from C$11.00 to C$8.50 in a research report on Tuesday, December 17th. Three analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Aurora Cannabis presently has an average rating of “Moderate Buy” and an average price target of C$7.11.

About Aurora Cannabis

Aurora Cannabis, headquartered in Edmonton, Canada, cultivates and sells medicinal and recreational cannabis through a portfolio of brands that includes Aurora, CanniMed, Daily Special, MedReleaf, and San Rafael ’71. Although the company primarily operates in Canada, it has expanded internationally through medical cannabis exporting agreements or cultivation facilities in more than 20 countries.