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

TD Securities upgraded shares of Aurora Cannabis (TSE:ACB) to a strong-buy rating in a report released on Thursday morning,Zacks.com reports.

Aurora Cannabis Stock Performance

TSE ACB opened at C$6.05 on Thursday. The company has a 50 day moving average of C$6.99 and a 200-day moving average of C$7.63. The company has a current ratio of 3.76, a quick ratio of 2.48 and a debt-to-equity ratio of 16.95. Aurora Cannabis has a 1-year low of C$3.84 and a 1-year high of C$12.85. The firm has a market cap of C$330.69 million, a price-to-earnings ratio of -9.60 and a beta of 2.71.

Insider Activity at Aurora Cannabis

In related 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 value of C$59,382.40.

Aurora Cannabis Company Profile

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.