Aurora Cannabis (ACB) Stock Price

Financial Performance

Aurora Cannabis' financial performance in the last quarter showed some positive signs. The company reported revenue of $67.4M, up by 4.7% from the previous quarter and the gross profit was $51.2M, which is a significant increase of 104.8% from the previous quarter. Their operating income profit also increased to $3.2M, up by 117.9% from the previous quarter showing improved operational efficiency.

The EBITDA ratio was at a decent level of 0.24 and their PE ratio is at 22.90 indicating that investors are willing to pay high for each dollar of earnings due to growth expectations.

Stock Price

The stock price currently stands at $4.81 with an uptick of about 9.1% over the last month but it has declined by -28.3% year over year which shows mixed trends in its performance.

An RSI value of approximately 67 indicates that it might be nearing overbought territory while its below-average moving average suggests bearish sentiment among traders.

Alternative Data Signals

In terms of alternative data signals, Aurora Cannabis' web traffic has decreased slightly by -16.7% month over month and down by -3.5% year over year suggesting less online interest or engagement with their brand or products.

The number of job postings has increased significantly indicating potential expansion plans or investment in human resources which could be seen as a positive signal for future growth prospects.

A negative business outlook reported by employees along with declining social media followers on Twitter and Facebook may point towards challenges in terms of employee morale and public perception respectively.

Conclusion

In conclusion, while the company has shown some positive signs in terms of revenue growth and operational efficiency in the last quarter, mixed stock price trends along with negative alternative data signals indicate a neutral outlook for Aurora Cannabis' stock.

Note: This AI Stock Analysis is based on data as of April 25. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Aurora Cannabis (ACB), currently trading at $4.75, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.