Aurora Spine (CVE:ASG) Stock Price Down 3.1% – What’s Next?

Aurora Spine Co. (CVE:ASG)’s stock price was down 3.1% during mid-day trading on Monday . The company traded as low as C$0.31 and last traded at C$0.31. Approximately 23,500 shares were traded during trading, a decline of 49% from the average daily volume of 45,855 shares. The stock had previously closed at C$0.32.

Aurora Spine Stock Down 3.1 %

The company has a market cap of C$16.84 million, a price-to-earnings ratio of -26.56 and a beta of 0.63. The company has a debt-to-equity ratio of 73.68, a current ratio of 2.40 and a quick ratio of 1.40. The firm has a 50-day moving average price of C$0.42 and a 200 day moving average price of C$0.37.

Aurora Spine Company Profile

Aurora Spine Corporation, through its subsidiary, Aurora Spine, Inc, engages in the development and distribution of minimally invasive interspinous fusion systems and devices in Canada. The company offers interspinous process lumbar fusion devices, such as the ZIP, ZIP ULTRA, ZIP LP, and ZIP-51 for patients suffering from degenerative disc diseases; and Ti-Coated polyether ether ketone interbody cages, which provide spacing and stability between the vertebrae while bone grows to complete the fusion process.