Aurora Spine Co. (CVE:ASG – Get Free Report) shares dropped 6.4% on Monday . The stock traded as low as C$0.44 and last traded at C$0.44. Approximately 29,064 shares changed hands during trading, a decline of 54% from the average daily volume of 62,940 shares. The stock had previously closed at C$0.47.
Aurora Spine Stock Performance
The company has a market capitalization of C$34.06 million, a PE ratio of -44.00 and a beta of 0.63. The company has a current ratio of 2.35, a quick ratio of 1.40 and a debt-to-equity ratio of 76.02. The business’s fifty day moving average is C$0.43 and its two-hundred day moving average is C$0.34.
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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