Aurora Cannabis Inc. (NASDAQ:ACB) had 3.48 million traded shares over the previous session. The stock ended the trading day at $7.21, representing a -4.12 percent or $0.31 intraday loss. The ACB share has a 52-week high of $18.98, which is down -163.25 from that high but still represents a stunning 48.54 percent gain since the share price plunged to a 52-week low of $3.71. The firm has a market valuation of $1.43 billion, with an average intraday trading volume of 5.25 million shares over the last ten days and 5.76 million shares for the last three months.
Trade data for Aurora Cannabis Inc. (NASDAQ:ACB)
Aurora Cannabis Inc. (ACB) fell -4.12% in the most recent session, and has now traded in the red for the past five sessions. The stock fell -4.12% in intraday trade to $7.21 on Thursday, July 22nd, reaching a weekly high. The stock has moved -19.08 percent in 30 days and has a 5-day price performance of -1.77 percent. The overall price performance for the year is -35.39 percent based on these engagements. Aurora Cannabis Inc. (NASDAQ:ACB) has a short interest of 34.01 million shares, which means shorts have 5.04 day(s) to cover.
Wall Street analysts’ consensus price target is $6.84, implying a -5.41 percent drop from the stock’s current price. The forecast’s extremes result in target low and high prices of $4.96 and $9.92, respectively. As a result, ACB is currently trading at a -37.59 percent discount to the target high and a 31.21 percent discount to the target low.
Estimates and predictions for Aurora Cannabis Inc. (ACB)
Aurora Cannabis Inc. has lagged its competitors in terms of share price when compared to the industry in which it works, according to statistics. Aurora Cannabis Inc. (ACB) has lost 35.45% of its value in the last six months, with a year-to-date growth rate of 5.59 percent vs 17.50 percent for the industry.
Dividends from ACB
Between September 20 and September 24, Aurora Cannabis Inc. is expected to release its next quarterly earnings report. It’s crucial to remember, however, that the dividend yield ratio is only a guideline. sharekhan brokerage can also be known here.
Major shareholders of Aurora Cannabis Inc. (NASDAQ:ACB)
Insiders own 0.14 percent of Aurora Cannabis Inc.’s total outstanding shares, while institutional investors own 18.97 percent, with the float proportion at 19.00 percent. The company’s largest stakeholder is Vanguard Group, Inc. (The), with 354 institutions owning equity. The corporation held over 5.51 million shares (or 2.78 percent of all shares) valued at $51.28 million as of March 30, 2021.
ETF Managers Group, LLC, with 5.46 million shares, is the second largest institutional position, accounting for 2.76 percent of outstanding shares. These shares were worth $50.8 million at the market price on March 30, 2021.
ETF Managers Tr-EFTMG Alternative Harvest ETF and Global X Fds-The Global X Cannabis ETF are also the Mutual Funds with the greatest holdings of Aurora Cannabis Inc. (ACB) shares. ETF Managers Tr-EFTMG Alternative Harvest ETF has roughly 5.46 million shares, according to data from March 30, 2021. With a market value of $50.8 million, this represents little over 2.76 percent of the company’s total shares. According to the same data, the other fund manager owns 1.77 million shares, or 0.89 percent of the stock, which is worth $17.08 million.