Aurora Spine Co. (CVE:ASG – Get Free Report) rose 9.8% on Thursday . The stock traded as high as C$0.28 and last traded at C$0.28. Approximately 34,004 shares changed hands during mid-day trading, a decline of 16% from the average daily volume of 40,719 shares. The stock had previously closed at C$0.26.
Aurora Spine Stock Up 9.8%
The firm has a 50-day moving average of C$0.27 and a 200 day moving average of C$0.28. The stock has a market capitalization of C$21.87 million, a price-to-earnings ratio of -28.00 and a beta of -0.75. The company has a current ratio of 2.33, a quick ratio of 1.40 and a debt-to-equity ratio of 18.11.
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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