Aurora Spine (CVE:ASG) Shares Up 8.7% – Time to Buy?

Aurora Spine Co. (CVE:ASGGet Free Report)’s share price was up 8.7% during trading on Friday . The stock traded as high as C$0.25 and last traded at C$0.25. Approximately 11,000 shares traded hands during trading, a decline of 73% from the average daily volume of 40,608 shares. The stock had previously closed at C$0.23.

Aurora Spine Stock Performance

The company has a debt-to-equity ratio of 62.27, a current ratio of 2.53 and a quick ratio of 1.40. The company has a market cap of C$19.52 million, a PE ratio of -25.00 and a beta of -0.86. The business has a fifty day simple moving average of C$0.25 and a two-hundred day simple moving average of C$0.26.

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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