Aurora Cannabis Inc(ACB) is a stock of interest due to the large impact the company has on the market. Here at Wall Street Facts we only cover the best stocks so make sure you check out our other articles. Today we will be diving deep into all of the essential information you need to know about ACB. We will be studying the movement so you can make the best decision as an investor.
First, here is information about the company and how it functions: Aurora Cannabis, Inc. engages in the production, distribution and sale of cannabis products. It also produces and sells indoor cultivation systems and hemp related food products. The company was founded by Terry Booth and Steve Dobler on December 21, 2006 and is headquartered in Calgary, Canada.
The stock has moved upwards today by 2%. The high for today is 9.57 and today’s low is 9.30. This information is critical in deciding whether this investment is risky or not. We can see the stock is trending upwards, which means the volume of people buying this stock is greater than people selling it. Next we will be going over the forecast.
As an investor, you can get an idea where the stock is trending by the forecast. In this case the high forecast for Aurora Cannabis Inc is $20.00 and the low forecast is $15.00. We can get a look into the future by looking at past trends. Looking at Aurora Cannabis Inc’s 5 year movement it seems it has grown 92%. Overall, Aurora Cannabis Inc is in great shape going forward. They have a strong market cap of $1.66B and a very bright future ahead fo them.