Aurora Spine (CVE:ASG) Stock Price Up 14.3% – Still a Buy?

Aurora Spine Co. (CVE:ASGGet Free Report)’s share price was up 14.3% during trading on Monday . The stock traded as high as C$0.24 and last traded at C$0.24. 31,400 shares traded hands during trading, a decline of 14% from the average daily volume of 36,492 shares. The stock had previously closed at C$0.21.

Aurora Spine Trading Up 14.3%

The company has a fifty day moving average of C$0.23 and a two-hundred day moving average of C$0.26. The company has a quick ratio of 1.40, a current ratio of 2.53 and a debt-to-equity ratio of 62.27. The stock has a market capitalization of C$18.74 million, a price-to-earnings ratio of -24.00 and a beta of -0.86.

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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