Pot stock Aurora Cannabis Inc (ACB) is in the clouds Monday, increasing 0.34%. InvestorsObserver is giving Aurora Cannabis Inc (ACB) an Analyst Rating Rank of 5, meaning ACB is ranked higher by analysts than 5% of stocks. The average price target for ACB is $0.754 and analyst’s rate the stock as a Hold.
Wall Street analysts are rating ACB a Hold today. Find out what this means to you and get the rest of the rankings on ACB!
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.
What's Happening With Aurora Cannabis Inc Stock Today?
Aurora Cannabis Inc (ACB) stock is trading at $0.47 as of 12:35 PM on Monday, Nov 13, a loss of $0.00, or -0.34% from the previous closing price of $0.47. Volume today is low. So far 4,821,743 shares have traded compared to average volume of 8,509,313 shares. The stock has traded between $0.45 and $0.48 so far today.
Click Here to get the full Stock Report for Aurora Cannabis Inc stock.
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