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How to Buy Aurora Cannabis Stock

Aurora Cannabis Inc

Aurora Cannabis Inc. produces, distributes, and sells cannabis and cannabis derivative products in Canada and internationally.

Aurora Cannabis stock last closed at $6.01, down 1.8% from the previous day, and has increased 7.09% in one year. It has overperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.07 percentage points. Aurora Cannabis stock is currently +111.62% from its 52-week low of $2.84, and -47.74% from its 52-week high of $11.50.

There are currently 54.55M shares of ACB outstanding. The market capitalization of ACB is $327.82M. In the past 24 hours, 1.65M ACB shares were traded.

How to Buy Aurora Cannabis Stock

Not sure how to invest in Aurora Cannabis stock? Here's how.
  1. Choose where to buy Aurora Cannabis stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Aurora Cannabis stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Select your method of payment and add your info.
  4. Analyze Aurora Cannabis stock: The Aurora Cannabis ticker symbol is ACB. Is Aurora Cannabis stock a good investment? Should you buy shares of ACB? How do ACB's underlying business fundamentals look? Do top analysts think Aurora Cannabis is a good buy? Why has ACB's stock price moved recently? (Hint: Our stock market research tools can help you decide if ACB is a good stock to buy).
  5. Make your ACB trade: Decide if you will purchase ACB shares at the current market price or use a limit order to buy ACB shares at a particular price.
  6. Keep an eye on your ACB position: Create a watchlist to key updates about your new investment in Aurora Cannabis shares.

Step 1: Choose where to buy Aurora Cannabis stock

You need a brokerage account to access the NASDAQ market and buy ACB shares.

A brokerage account is an investment account that allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected the right brokerage, you need to fill out some personal information so you can buy ACB stock today.

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  2. Input your personal details to create your new brokerage account.
  1. Send your details by clicking the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you've filled out your info on our top ranked stock trading app, your next step is to transfer the money for your investment:

Watch the walkthrough below to see the process of transferring money into your brokerage account.

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Step 4: Analyze Aurora Cannabis stock

After you have selected the best place to buy Aurora Cannabis stock, it's crucial to research their stock prior to buying, so you truly understand the risk as well as the upside.

Overview of key ACB info

ACB Price
$6.01
1w %
24.69%
1y %
7.09%
5y %
-99.26%
P/E
-1.19x
P/B
0.8x
P/S
1.3x
PEG
N/A
Revenue
$252.11M
Earnings
-$71.28M
Fore. Rev. Growth
4.46%
Fore. Earn. Growth
N/A
Market Cap
$327.82M
Next Earnings
Aug 8, 2024
Next Dividend
N/A

Aurora Cannabis Fundamentals

WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis.

You can view all of the due diligence checks on ACB's stock page.

What is the fair value of ACB stock?

You can use a variety of different financial metrics, analyses, models, and charts to gauge ACB's true value.

Using relative valuations measures:

  • ACB may be undervalued based on its P/B ratio of 0.8x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 2.27x

You can access more valuation research on ACB's stock here.

ACB Financials at a glance

Signs that ACB is financially healthy:

  • ACB has $134.32M in cash and short term investments. This is sufficient to cover its annual cash burn of $63.01M.
  • There are more short-term assets than short-term liabilities on the ACB balance sheet.
  • ACB has cash burn of 63013138. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the ACB balance sheet.

Signs that ACB is not financially healthy:

  • ACB has a relatively high debt to equity ratio of 0.42.
  • ACB profit margin has gone up by 0.9 percentage points in the past year, but the company is still unprofitable.
  • Total ACB debt is higher than 5 years ago, relative to shareholder equity.

You can dive deeper into what analysts are projecting on the Aurora Cannabis stock forecast page.

ACB Technical Indicators

SMA10
5.16
SMA20
5.23
SMA50
6.03
SMA100
5.43
SMA200
5.06
MACD
-0.09
MACD Signal
-0.27
MACD Histogram
0.19
RSI
59.61
Stochastic %K
91.53
Stochastic %D
79.94
StochRSI %K
97.74
StochRSI %D
97.96

ACB Performance Numbers

Last year, ACB revenue was $252.11M. Over the last five year, ACB's revenue has grown by 14.97% per year. This was slower than the Drug Manufacturers - Specialty & Generic industry average of 20.46%.

You can analyze ACB's earnings and revenue performance here.

Latest Insiders Trades at ACB

In the past year, insiders at ACB have not bought or sold any shares.

Learn more about who owns ACB shares here.

Does ACB stock generate passive income?

No, Aurora Cannabis doesn't provide an income stream by paying out dividends.

ACB Social Trading Data

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other investors have to say.

Step 5: Make your ACB trade

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a particular dollar amount limit, use a limit order.

Press the Open Trade button and your broker will execute your order.

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Step 6: Keep an eye on your ACB position

Now that you own some ACB shares, you'll want to keep up with your new shares.

Create a watchlist to get the latest updates about your ACB stock.

ACB Feed

How to Buy Stock in Aurora Cannabis

To reiterate, here are the 6 steps to buy Aurora Cannabis stock:

  1. Choose where to buy Aurora Cannabis stock
  2. Create your brokerage account
  3. Deposit money your brokerage account
  4. Analyze Aurora Cannabis stock
  5. Make your ACB trade
  6. Keep an eye on your ACB position

If you are looking for a brokerage, eToro is our recommended venue.

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If you want to watch your investment in Aurora Cannabis, add ACB to your watchlist below.

NASDAQ: ACB
$6.01-0.11 (-1.8%)
Updated Jul 12, 2024
Open eToro Account
NASDAQ: ACB
$6.01-0.11 (-1.8%)
Updated Jul 12, 2024
Open eToro Account

FAQ

How much does it cost to buy one Aurora Cannabis share?

As of Jul 12, 2024, it costs $6.01 to buy one share of Aurora Cannabis stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.499 shares of ACB.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Aurora Cannabis stock?

One way to place an order for Aurora Cannabis stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.