Aurora Cannabis (OTCMKTS:ACBFF) Stock Price Crosses Below 50-Day Moving Average – What’s Next?

Aurora Cannabis Inc (OTCMKTS:ACBFFGet Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $4.37 and traded as low as $3.90. Aurora Cannabis shares last traded at $3.96, with a volume of 664,601 shares changing hands.

Aurora Cannabis Price Performance

The stock has a fifty day simple moving average of $4.37 and a 200-day simple moving average of $5.31. The company has a market capitalization of $3.81 billion and a price-to-earnings ratio of 33.00.

About Aurora Cannabis

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Aurora Cannabis Inc is a Canada-based company engaged in the production and distribution of medical cannabis. The Company is vertically integrated and horizontally diversified across every key segment of the value chain, from facility engineering and design to cannabis breeding and genetics research, cannabis and hemp production, derivatives, home cultivation, wholesale and retail distribution.

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