Aurora Spine (CVE:ASG) Stock Price Down 6.8% – Time to Sell?

Aurora Spine Co. (CVE:ASGGet Free Report) traded down 6.8% on Monday . The company traded as low as C$0.40 and last traded at C$0.41. 48,350 shares were traded during trading, a decline of 3% from the average session volume of 50,063 shares. The stock had previously closed at C$0.44.

Aurora Spine Stock Down 6.8 %

The firm has a market capitalization of C$31.74 million, a PE ratio of -41.00 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 company’s fifty day simple moving average is C$0.43 and its 200-day simple moving average is C$0.36.

About Aurora Spine

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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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