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Pot Stock Aurora Cannabis Inc (ACB) Drops 0.52% Thursday; Analysts Call It A Sell, Are They Wrong?

Thursday, September 16, 2021 02:09 PM | InvestorsObserver Analysts

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Pot Stock Aurora Cannabis Inc (ACB) Drops 0.52% Thursday; Analysts Call It A Sell, Are They Wrong?

Aurora Cannabis Inc is a player in the cannabis industry that is lower by 0.52% Thursday. Analysts who follow Aurora Cannabis Inc (ACB) on average expect it to increase 18.60% over the next twelve months. Those same analysts give the stock an average rating of Sell. That average rating earns ACB an Analyst Ranking of 0, which means it ranks higher than 0 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 2
Wall Street analysts are rating ACB a Sell today. Find out what this means to you and get the rest of the rankings on ACB!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Aurora Cannabis Inc Stock Today?

Aurora Cannabis Inc (ACB) stock is trading at $6.65 as of 2:07 PM on Thursday, Sep 16, a decline of -$0.03, or -0.52% from the previous closing price of $6.68. The stock has traded between $6.56 and $6.74 so far today. Volume today is light. So far 1,502,088 shares have traded compared to average volume of 4,223,227 shares. Click Here to get the full Stock Report for Aurora Cannabis Inc stock.

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