Aurora Cannabis (ACB) Earns Hold Rating from GMP Securities

Cornelia Mascio
Febbraio 19, 2019

K.J. Harrison & Partners Inc purchased a new stake in shares of Aurora Cannabis during the fourth quarter valued at $75,000.

ACB traded down $0.17 on Thursday, hitting $7.08. Flagship Harbor Advisors LLC acquired a new stake in Aurora Cannabis during the fourth quarter worth approximately $26,000. Based on an average daily volume of 20,094,124 shares, the short-interest ratio is now 4.1 days. Aurora Cannabis Inc has a one year low of $4.05 and a one year high of $12.52. Farmers & Merchants Trust Co of Chambersburg PA acquired a new position in Aurora Cannabis in the fourth quarter valued at approximately $36,000. The company's stock had a trading volume of 59,082 shares, compared to its average volume of 25,730,930.

Aurora Cannabis (NYSE:ACB) last announced its quarterly earnings results on Monday, February 11th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.06) by $0.02. The firm had revenue of $41.00 million for the quarter. Hedge funds and other institutional investors own 1.27% of the company's stock. QCI Asset Management Inc. MA acquired a new position in Aurora Cannabis in the fourth quarter valued at approximately $40,000. Aurora Cannabis had a return on equity of 8.57% and a net margin of 224.33%. Nwam LLC bought a new stake in shares of Aurora Cannabis in the fourth quarter worth approximately $60,000.

Separately, GMP Securities reissued a "hold" rating and issued a $9.50 target price on shares of Aurora Cannabis in a report on Tuesday.

TD Asset Management Inc. bought a new position in Aurora Cannabis Inc (NYSE:ACB) in the 4th quarter, according to its most recent disclosure with the SEC. If you are reading this piece on another domain, it was illegally copied and republished in violation of worldwide trademark and copyright legislation.

COPYRIGHT VIOLATION WARNING: "Short Interest in Aurora Cannabis Inc (ACB) Drops By 4.4%" was first published by Fairfield Current and is owned by of Fairfield Current. It is vertically integrated and horizontally diversified across various divisions of the cannabis value chain, from facility engineering and design to cannabis breeding, genetics research, production, derivatives, high value-add product development, home cultivation, wholesale, and retail distribution.32.64 is the P/E ratio.

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