Shares of Aurora Spine Co. (CVE:ASG – Get Free Report) dropped 8.5% on Friday . The company traded as low as C$0.21 and last traded at C$0.21. Approximately 11,021 shares were traded during trading, a decline of 71% from the average session volume of 38,447 shares. The stock had previously closed at C$0.23.
Aurora Spine Trading Down 8.5%
The company’s fifty day moving average is C$0.24 and its two-hundred day moving average is C$0.26. The stock has a market cap of C$16.79 million, a price-to-earnings ratio of -21.50 and a beta of -0.84. The company has a quick ratio of 1.40, a current ratio of 2.53 and a debt-to-equity ratio of 62.27.
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.
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