Griffin Asset Management Inc. Buys Shares of 13316 Aurora Cannabis Inc (NYSE:ACB)

Griffin Asset Management Inc. bought a new position in shares of Aurora Cannabis Inc (NYSE:ACB) during the 3rd quarter, according to the company …

Aurora Cannabis logoGriffin Asset Management Inc. bought a new position in shares of Aurora Cannabis Inc (NYSE:ACB) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 13,316 shares of the company’s stock, valued at approximately $128,000.

NYSE ACB traded up $0.44 on Friday, hitting $6.38. 32,314,261 shares of the company’s stock were exchanged, compared to its average volume of 14,832,275. The stock has a market capitalization of $5.44 billion and a price-to-earnings ratio of 28.68. The company has a current ratio of 6.54, a quick ratio of 5.68 and a debt-to-equity ratio of 0.07. Aurora Cannabis Inc has a fifty-two week low of $4.05 and a fifty-two week high of $12.52.

Aurora Cannabis (NYSE:ACB) last released its quarterly earnings results on Monday, November 12th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.13. The business had revenue of $22.71 million for the quarter. Aurora Cannabis had a return on equity of 8.57% and a net margin of 224.33%.

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About Aurora Cannabis

Aurora Cannabis Inc produces and distributes medical cannabis products. It is vertically integrated and horizontally diversified across various segments of the cannabis value chain, from facility engineering and design to cannabis breeding, genetics research, production, derivatives, high value-add product development, home cultivation, wholesale, and retail distribution.

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