Aurora Spine (CVE:ASG) Trading Down 6.4% – Here’s What Happened

Aurora Spine Co. (CVE:ASGGet Free Report) dropped 6.4% during trading on Monday . The company traded as low as C$0.44 and last traded at C$0.44. Approximately 29,064 shares changed hands during mid-day 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 Up 2.3 %

The company’s 50 day moving average is C$0.43 and its 200 day moving average is C$0.34. The company has a market cap of C$34.84 million, a PE ratio of -45.00 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.

Aurora Spine Company Profile

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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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