Aurora Spine (CVE:ASG) Trading Up 7.1%

Aurora Spine Co. (CVE:ASG) shares were up 7.1% during trading on Friday . The stock traded as high as C$0.30 and last traded at C$0.30. Approximately 89,500 shares changed hands during trading, an increase of 364% from the average daily volume of 19,290 shares. The stock had previously closed at C$0.28.

Aurora Spine Stock Performance

The firm has a fifty day moving average price of C$0.27 and a 200 day moving average price of C$0.31. The company has a debt-to-equity ratio of 72.26, a quick ratio of 1.40 and a current ratio of 2.41. The stock has a market cap of C$23.23 million, a PE ratio of -15.00 and a beta of 0.70.

About Aurora Spine

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.