Aurora Cannabis (ACB) could be the pot winner investors are looking for
Aurora Cannabis Inc (ACB) currently trades at $0.81 and has fallen by 2.69% today. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term. Current quarter estimates have narrowed from a loss of 5 cents per share to a loss of 4 cents, while current year estimates have narrowed from a loss of 96 cents per share to a loss of 94 cents.
Based on this information, investorsQ rates this stock 4 out of 10. We give it this rating based on current information. If you are looking for a decent pick in a strong industry, consider Aurora Cannabis. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment. The high forecast for Aurora Cannabis Inc is $3.00 and the low is $0.35. Notably, the company’s market cap is $959.57 million with a 52 week high of $9.37 and a 52 week low of $0.60.