Why Buy Stock In Aurora Cannabis Inc. (ACB)?
Aurora Cannabis Inc. (NASDAQ:ACB) has seen 3.48 million shares traded in the last trading session. The company, currently valued at $1.94B, closed the last trade at $9.82 per share which meant it lost -$0.07 on the day or -0.71% during that session. The ACB stock price is -93.28% off its 52-week high price of $18.98 and 62.22% above the 52-week low of $3.71. If we look at the companys 10-day average daily trading volume, we find that it stood at 6.88 million shares traded. The 3-month trading volume is 8.12 million shares. Aurora Cannabis Inc. (NASDAQ:ACB) trade information  Sporting -0.71% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 06/11/21 when the ACB stock price touched $9.82 or saw a rise of 7.71%. Year-to-date, Aurora Cannabis Inc. shares have moved 18.17%, while the 5-day performance has seen it change 7.21%. Over the past 30 days, the shares of Aurora Cannabis Inc. (NASDAQ:ACB) have changed 27.37%. Short interest in the company has seen 34.01 million shares shorted with days to cover at 5.04. Wall Street analysts have a consensus price target for the stock at $6.89, which means that the shares value could drop -42.53% from current levels. The projected low price target is $4.96 while the price target rests at a high of $9.92. In that case, then, we find that the current price level is -1.02% off the targeted high while a plunge would see the stock lose 49.49% from current levels. Aurora Cannabis Inc. (ACB) estimates and forecasts  Figures show that Aurora Cannabis Inc. shares have outperformed across the wider relevant industry. The companys shares have lost -0.61% over the past 6 months, with this year growth rate of 14.34%, compared to 13.40% for the industry. ACB Dividends  Aurora Cannabis Inc. is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the companys debt issue. Aurora Cannabis Inc. (NASDAQ:ACB)s Major holders  Insiders own 0.14% of the company shares, while shares held by institutions stand at 18.97% with a share float percentage of 19.00%. Investors are also buoyed by the number of investors in a company, with Aurora Cannabis Inc. having a total of 355 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 5.51 million shares worth more than $51.28 million. As of Mar 30, 2021, Vanguard Group, Inc. (The) held 2.78% of shares outstanding. The other major institutional holder is ETF Managers Group, LLC, with the holding of over 5.46 million shares as of Mar 30, 2021. The firms total holdings are worth over $50.8 million and represent 2.76% of shares outstanding. 5 Stocks Under $10 That Are Poised to Take Off Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Add them to your watchlist before they take off! Get the Top 5 Stocks Now! Sponsored  Also the top two Mutual Funds that are holding companys shares are ETF Managers Tr-EFTMG Alternative Harvest ETF and Vanguard International Stock Index-Total Intl Stock Indx. As of Mar 30, 2021, the former fund manager holds about 2.76% shares in the company for having 5.46 million shares of worth $50.8 million while later fund manager owns 1.37 million shares of worth $15.27 million as of Jan 30, 2021, which makes it owner of about 0.69% of companys outstanding stock.