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 $4.54, up 1.57% from the previous day, and has decreased 7.35% in one year. It has overperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.57 percentage points. Aurora Cannabis stock is currently +32.67% from its 52-week low of $3.42, and -36.94% from its 52-week high of $7.20.
There are currently 56.23M shares of ACB outstanding. The market capitalization of ACB is $255.30M. In the past 24 hours, 708,000 ACB shares were traded.
How to Buy Aurora Cannabis Stock
Not sure how to invest in Aurora Cannabis stock? Here's how.
- 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.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Select your method of payment and add your info.
- 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).
- 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.
- 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.
Our favorite brokerage: eToro
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Open eToro AccountStep 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.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create your new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
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.
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
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/E ratio of 156.55x, relative to Drug Manufacturers - Specialty & Generic industry P/E ratio of -75.55x
- ACB could be undervalued based on its P/B ratio of 0.62x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 2.28x
- ACB may be overvalued based on its PEG ratio of 1.44x
You can do additional valuation analysis on ACB's stock here.
A quick look at ACB Financials
Signs that ACB is financially healthy:
- There are more short-term assets than short-term liabilities on the ACB balance sheet.
- ACB has $135.68M in cash and short term investments. This is sufficient to cover its annual cash burn of $598.54k.
- There are more short-term assets than long-term liabilities on the ACB balance sheet.
- ACB profit margin has gone up from -28.5% to 0.1% in the past year.
- ACB has cash burn of 598540. It has enough cash and short-term investments to cover this for at least one year.
Signs that ACB is not financially healthy:
- ACB has a relatively high debt to equity ratio of 0.43.
- Total ACB debt is higher than 5 years ago, relative to shareholder equity.
You can dig deeper into what analysts are saying on the Aurora Cannabis stock forecast page.
ACB Momentum
ACB Revenue
Last year, ACB revenue was $250.58M. During the past five year, ACB's revenue has increased by 2.95% per year. This was slower than the Drug Manufacturers - Specialty & Generic industry average of 9.41%.
Learn more about ACB's earnings and revenue performance here.
What are ACB insiders up to?
Over the past 12 months, insiders at ACB have not bought or sold any shares.
Dig into 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.
Get opinions from other investors
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your ACB trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount limit, use a limit order.
Hit the Open Trade button and your broker will execute your order.
If you require additional info about buying stocks on eToro, click the helpful video below:
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 notified of the latest news about your ACB stock.
ACB Feed
How to Buy Stock in Aurora Cannabis
To summarize, here are the 6 steps for buying Aurora Cannabis stock:
- Choose where to buy Aurora Cannabis stock
- Create your brokerage account
- Deposit money your brokerage account
- Analyze Aurora Cannabis stock
- Make your ACB trade
- Keep an eye on your ACB position
If you are looking for a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get updates on your new investment in Aurora Cannabis, add ACB to your watchlist below.
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