Aurora Spine (CVE:ASG) Trading Down 6.4% – What’s Next?

Aurora Spine Co. (CVE:ASGGet Free Report) traded down 6.4% during mid-day trading on Monday . The company traded as low as C$0.44 and last traded at C$0.44. 29,064 shares changed hands during trading, a decline of 54% from the average session volume of 62,940 shares. The stock had previously closed at C$0.47.

Aurora Spine Price Performance

The firm has a market cap of C$34.06 million, a P/E ratio of -44.00 and a beta of 0.63. The company has a debt-to-equity ratio of 76.02, a current ratio of 2.35 and a quick ratio of 1.40. The firm’s 50 day moving average is C$0.43 and its 200 day moving average is C$0.34.

Aurora Spine Company Profile

(Get Free Report)

Aurora Spine Corporation, through its subsidiary, Aurora Spine, Inc, engages in the development and distribution of minimally invasive interspinous fusion systems and devices in Canada. The company offers interspinous process lumbar fusion devices, such as the ZIP, ZIP ULTRA, ZIP LP, and ZIP-51 for patients suffering from degenerative disc diseases; and Ti-Coated polyether ether ketone interbody cages, which provide spacing and stability between the vertebrae while bone grows to complete the fusion process.

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