Aurora Spine (CVE:ASG) Stock Price Up 10% – Here’s Why

Aurora Spine Co. (CVE:ASGGet Free Report)’s stock price was up 10% during mid-day trading on Tuesday . The stock traded as high as C$0.33 and last traded at C$0.33. Approximately 24,500 shares traded hands during trading, a decline of 36% from the average daily volume of 38,103 shares. The stock had previously closed at C$0.30.

Aurora Spine Trading Down 0.6 %

The company has a current ratio of 2.40, a quick ratio of 1.40 and a debt-to-equity ratio of 73.68. The firm has a market cap of C$17.81 million, a PE ratio of -28.10 and a beta of 0.63. The business has a fifty day moving average price of C$0.38 and a 200 day moving average price of C$0.37.

Aurora Spine Company Profile

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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.

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