Aurora Spine Co. (CVE:ASG – Get Free Report) shares dropped 2% during mid-day trading on Monday . The stock traded as low as C$0.24 and last traded at C$0.25. Approximately 17,000 shares traded hands during trading, a decline of 56% from the average daily volume of 38,579 shares. The stock had previously closed at C$0.26.
Aurora Spine Price Performance
The stock has a 50 day moving average of C$0.28 and a two-hundred day moving average of C$0.30. The company has a debt-to-equity ratio of 73.68, a quick ratio of 1.40 and a current ratio of 2.40. The firm has a market capitalization of C$19.51 million, a P/E ratio of -25.00 and a beta of -0.17.
About Aurora Spine
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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