ACB - Aurora Cannabis Inc.

NYSE - NYSE Delayed Price. Currency in USD
6.96
-0.10 (-1.42%)
At close: 4:02PM EST
Stock chart is not supported by your current browser
Previous Close7.06
Open7.08
Bid0.00 x 900
Ask0.00 x 1000
Day's Range6.89 - 7.15
52 Week Range4.05 - 12.52
Volume14,027,564
Avg. Volume19,319,860
Market Cap6.918B
Beta (3Y Monthly)2.29
PE Ratio (TTM)32.22
EPS (TTM)0.22
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Better Buy: OrganiGram Holdings vs. Aurora Cannabis
    Motley Fool6 hours ago

    Better Buy: OrganiGram Holdings vs. Aurora Cannabis

    Which stock wins in a matchup between these two fast-growing Canadian marijuana producers?

  • Marijuana Stocks and ETFs: Risks and Rewards
    Zacksyesterday

    Marijuana Stocks and ETFs: Risks and Rewards

    Pot stocks are soaring again. To learn more about risks and rewards of investing in marijuana stocks and ETFs, check out this Exploring ETFs video.

  • Here's The Latest Marijuana Stock To Trade On The NYSE
    Investor's Business Dailyyesterday

    Here's The Latest Marijuana Stock To Trade On The NYSE

    CannTrust stock will begin trading on the New York Stock Exchange on Monday, joining other Canadian marijuana stocks that listed on U.S. exchanges. 

  • ACCESSWIREyesterday

    Searching for Cannabis Winners

    HENDERSON, NV / ACCESSWIRE / February 22, 2019 / Cannabis stocks are roaring back in 2019, producers are reporting record outputs and investors are seeing great returns. As the market continues to blossom, ...

  • ACCESSWIREyesterday

    Four Healthcare Stocks Looking to Close Out a Strong Week

    Nearly every day, headlines are popping up surrounding these innovative companies in the healthcare industry as they tackle the prevalent need for qualitative care. Whereas other industries may have different core values and purposes, healthcare companies are tasked with keeping consumers healthy and amid that responsibility, if done correctly, lies the potential for lucrative opportunities. Premier Health Group (OTC:PHGRF) (CSE:PHGI), Zosano Pharma Corporation (ZSAN), Achieve Life Sciences Inc (ACHV), and Aurora Cannabis Inc (ACB) represent four healthcare companies focused on the advancement of the global healthcare industry.

  • Market Exclusiveyesterday

    Cannabis Stock News Daily Roundup February 22

    Cannabis News Alimentation Couche-Tard (TSX: ATD.A) (TSX: ATD.B) has signed a deal with Canopy Growth (TSX: WEED) (NYSE: CGC) to launch a premium cannabis retail brand in London, Ontario. Located at 1025 Wellington Road in London, the licensed Tweed store is expected to open in April. Canadians for Fair Access to Medical Marijuana (CFAMM), a […]The post Cannabis Stock News Daily Roundup February 22 appeared first on Market Exclusive.

  • What Investors Need to Know About Investing in Marijuana Stocks
    Zacks2 days ago

    What Investors Need to Know About Investing in Marijuana Stocks

    Let's look at what investors need to know about the marijuana industry and how to invest in the future of pot.

  • Can Aurora Cannabis Stock Get as High as Its Peers?
    InvestorPlace2 days ago

    Can Aurora Cannabis Stock Get as High as Its Peers?

    Aurora Cannabis (NYSE:ACB) has pulled back in recent days. ACB stock sold off on a mildly disappointing earnings report and the reshuffling of its board of directors. Furthermore, it faces concerns as many of its peers have moved into the U.S. hemp market ahead of them. However, given production increases and the likelihood of entering the U.S. market soon, I expect Aurora stock to move higher in the near term.Source: Shutterstock By just about any measure, ACB stock appears expensive. The equity trades at over 56 times sales. Its forward P/E ratio also exceeds 300. Its saving grace is that the other three Canadian cannabis companies among the top four -- Canopy Growth (NYSE:CGC), Tilray (NASDAQ:TLRY), and Cronos (NASDAQ:CRON) -- see similarly outsized financial metrics. These stocks also cratered after marijuana gained official legal status in Canada. Fortunately for ACB and its peers, the pre-legalization hype returns as the U.S. moves toward nationwide legalization. The Farm Bill signed late last year legalized industrial hemp. This is the segue Canadian companies have begun to use to enter the U.S. market. As more states adopt medical and recreational weed, both the legalization and the stock price hype continue to build. Concerns Remain for ACB StockAdmittedly, investors who have become paranoid from too much recreational weed use can find reasons to panic. The Q2 earnings report became a slight disappointment due to excise taxes and lowered net pricing. Moreover, Tilray's decision to purchase Manitoba Harvest makes it the largest Canadian player in the U.S. hemp industry. This has caused some concern as Aurora has not yet moved into the U.S. hemp market.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 10 Best Cheap Stocks to Buy Right Now Changes in its board of directors may also cause concern. However, this was mostly current board members shifting positions on the board. Chairman of the board Michael Singer is now executive chairman. This will involve Mr. Singer more in the firm's day-to-day operations.Still, all this news led to a muted reaction. ACB stock price fell from the mid-$7 per share range to around $7 per share. While I do not think I would classify this as a "buying opportunity," I also do not see any of this news as a reason to sell ACB stock. The new board arrangement could help the company. Moreover, given Canopy's and Tilray's moves into the U.S. hemp market, Aurora will probably follow suit soon.Moreover, Aurora increased production by 502% on a year-over-year basis, higher than Canopy's 334% increase. Canopy still produced 10,102 kg in the prior quarter, higher than Aurora's 6,999 kg. Still, production increases continue as legal weed remains in short supply.A bigger question for investors likely involves not whether ACB stock will rise, but whether it will outperform its peers. Although I expect Aurora stock to perform well, it is not my favorite in the sector. In this industry, I recommend one of two things. I would either choose Canopy or Tilray as they are the top two stocks. Or, I would go with a relative value play such as HEXO (NYSEAMERICAN:HEXO) or CannTrust (NYSE:CTST). Their comparatively low P/E ratios make them possible buyout candidates. If that does not happen, they could catch up to larger peers on valuation over time. The Bottom Line on ACB StockNonetheless, Aurora should move higher soon due to production increases and a likely move into the new U.S. hemp market. Yes, earnings slightly disappointed investors. And the lack of an announcement on U.S. hemp may also concern some investors. Even if a CGC or a TLRY become a better buy, I see ACB stock moving higher.Yes, it is expensive, but so are most of its peers. Legal cannabis remains in short supply, and Aurora continues to increase production. Also, assuming it wants to remain among the four largest cannabis stocks, one can safely assume that plans are underway to enter the U.S. hemp market. * 7 Healthy Dividend Stocks to Buy for Extra Stability For these reasons, I do not think stockholders should worry about whether Aurora will rise. I think the bigger question involves whether ACB will perform better than its peers? Only time can answer that question.As of this writing, Will Healy is long CTST stock. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now * 7 Restaurant Stocks to Watch in 2019 Compare Brokers The post Can Aurora Cannabis Stock Get as High as Its Peers? appeared first on InvestorPlace.

  • Tilray's Deal to Buy Hemp Food Maker Bolsters Marijuana ETF
    Zacks2 days ago

    Tilray's Deal to Buy Hemp Food Maker Bolsters Marijuana ETF

    Tilray's deal to acquire the hemp food maker Manitoba Harvest has bolstered the outlook of the already high-flying marijuana ETF.

  • Benzinga2 days ago

    Aurora Cannabis Announces More Leadership Changes, Exec Appointments

    The company said Darren Karasiuk will be promoted to chief commercial officer. Karasiuk previously occupied the position of executive vice president of adult usage, global. Jill Swainson was promoted from senior vice president of legal affairs to chief legal officer and corporate secretary.

  • ACCESSWIRE2 days ago

    Marijuana Production Breaking Records, This Company to Benefit

    The cannabis industry, however, is one of the nation's most energy intensive, often demanding 24-hour indoor lighting rigs, heating, ventilation and air-conditioning systems at multiplying grow sites. Legal cannabis cultivation in the U.S. consumes an estimated 1.1 terawatt-hours of electricity a year, according to the 2018 Cannabis Energy Report, published by Scale Microgrid Solutions along with New Frontier Data and the Resource Innovation Institute. The Company has developed a microgrid power solution for the cannabis industry cuts the monthly electricity bill of indoor grow-houses by up to 82%.

  • 3 Arguments For and Against Buying Aurora Cannabis
    Motley Fool2 days ago

    3 Arguments For and Against Buying Aurora Cannabis

    Strong cases can be made for owning or avoiding the most polarizing pot stock in the world.

  • CNW Group2 days ago

    High Tide Announces the Opening of its Ninth Canna Cabana Store

    CALGARY , Feb. 21, 2019 /CNW/ - High Tide Inc. ("High Tide" or the "Company") (CSE:HITI) (2LY.F), an Alberta -based downstream cannabis corporation focused on the manufacturing and wholesale distribution of smoking accessories and cannabis lifestyle products, today announced that it has been licensed to open its ninth Canna Cabana retail store, which is located at #105, 330 10th Street NW in Calgary, Alberta (the "Kensington Store"). The Kensington Store has been converted from a Smoker's Corner location and is now the first franchised Canna Cabana outlet in the High Tide network.

  • CNW Group2 days ago

    Aurora Cannabis Broadens Senior Leadership Team

    Aurora Cannabis Broadens Senior Leadership Team

  • Forget Mixed Pot Earnings; Bet on ETF on Growth Prospects
    Zacks3 days ago

    Forget Mixed Pot Earnings; Bet on ETF on Growth Prospects

    Key marijuana companies came up with mixed earnings, but that should not hurt the pot ETF.

  • ACCESSWIRE3 days ago

    These Four Marijuana Stocks Are Stepping Up The Game

    If all of this attention surrounding the cannabis sector continues at its current rate, this may result in an influx of investors looking to the marijuana stock market for opportunities. Nabis Holdings (INNPF) (NAB), HEXO Corp (HEXO), New Age Beverages Corporation (NBEV), and Aurora Cannabis Inc (ACB) are four cannabis companies heating up on Wednesday. Nabis Holdings (INNPF) (NAB) is a Canadian investment company focused on investing in high-quality cash flowing and strategic assets across multiple aspects of the cannabis sector primarily in the U.S. limited license states with a roadmap to expand globally.

  • Tilray Leapfrogs Aurora Cannabis and Canopy Growth in the U.S. Hemp Market
    Motley Fool3 days ago

    Tilray Leapfrogs Aurora Cannabis and Canopy Growth in the U.S. Hemp Market

    Tilray's acquisition of the world's largest hemp food company could give the Canadian marijuana producer an edge over its top rivals.

  • Benzinga3 days ago

    Bulls And Bud Of The Week: Margins Matter And 'Hot Boxin' With Mike Tyson'

    Welcome to the second installment of “Bulls and Bud,” where we take a look at some of the most promising stocks and brands in the legal cannabis industry. Margins Matter Aurora Cannabis (NYSE: ACB ) and ...

  • Benzinga3 days ago

    Pot Producer Aurora Cannabis Reshuffles Board Amid Margin Challenges

    For the uninitiated, an executive chair has a more active role in the day-to-day operations of a company. Aurora named independent director Ronald Funk as a lead independent director and Margaret Atkins as a new independent director and chair of the audit committee.

  • ACCESSWIRE3 days ago

    These 4 Marijuana Stocks Could Take Off

    The fact is that the marijuana industry is still very much in its infancy because, until recently, society had historically been vehemently opposed to cannabis. If this continues, the cannabis industry may see an increase in investor attention in the near future. Premier Health Group (OTC:PHGRF) (CSE:PHGI), Village Farms International Inc (VFFIF), CannTrust Holdings Inc (OTC PINK: CNTTF), and Aurora Cannabis Inc (NYSE: ACB, TSX: ACB) are four pot stocks that could test this week's highs.

  • Canopy Growth: 8 Facts About Last Quarter's Performance
    Motley Fool3 days ago

    Canopy Growth: 8 Facts About Last Quarter's Performance

    Here's what's going on with the world's biggest marijuana stock.

  • ACCESSWIRE3 days ago

    Microgrid Company May Be Best Cannabis Play

    HENDERSON, NV / ACCESSWIRE / February 20, 2019 / Cannabis stocks were mixed on Tuesday, amid a flurry of announcements on the progress of medical and recreational-use bills around the U.S. Pennsylvania's ...

  • MarketWatch3 days ago

    Aurora Cannabis shuffles board, names Chairman Michael Singer as executive chairman

    Aurora Cannabis Inc. said Wednesday it appointed Michael Singer, who was previously chairman of the board, as executive chairman. It also named Ronald Funk lead independent director and Margaret Atkins as new independent director and chair of the audit committee. Diane Jang, who had been on the board since November 2017, has resigned her position as director. "As Aurora continues to mature into one of the world's largest and leading cannabis companies, it is important that our board continues to examine its composition to ensure that its experience and expertise aligns with the company's strategic direction," Singer said. Aurora's stock, which was still inactive in premarket trade, has rallied 15% over the past three months, while the ETFMG Alternative Harvest ETF has hiked up 23% and the S&P 500 has gained 5.2%.

  • CNW Group3 days ago

    Aurora Cannabis Announces Key Changes to its Board of Directors

    WKN: A1C4WM) announced today that Michael Singer , previously Chairman of the Board, has been appointed Executive Chairman of the Board of Directors. The Company also announced that independent director Ronald Funk has been named Lead Independent Director and Margaret ("Sha n") Atkins has been appointed as a new independent director and Chair of the Audit Committee.

  • Marijuana Stocks: Canopy Growth Falls On Fears Weed Supplies Too Low To Keep Market Share
    Investor's Business Daily4 days ago

    Marijuana Stocks: Canopy Growth Falls On Fears Weed Supplies Too Low To Keep Market Share

    Canadian marijuana producer Canopy Growth might not have enough weed stocked up to keep its grip on nearly a third of the nation's legal cannabis market, GMP Securities said.