Aurora Spine (CVE:ASG) Trading 3.6% Higher – What’s Next?

Aurora Spine Co. (CVE:ASG) shares rose 3.6% during trading on Thursday . The stock traded as high as C$0.29 and last traded at C$0.29. Approximately 4,140 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 39,012 shares. The stock had previously closed at C$0.28.

Aurora Spine Stock Performance

The firm has a market capitalization of C$22.25 million, a PE ratio of -28.50 and a beta of -0.73. The company has a debt-to-equity ratio of 93.63, a quick ratio of 1.40 and a current ratio of 1.94. The company’s fifty day moving average price is C$0.28 and its two-hundred day moving average price is C$0.28.

Aurora Spine Company Profile

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.