Aurora Spine Co. (CVE:ASG – Get Free Report) shares fell 3.1% on Monday . The stock traded as low as C$0.31 and last traded at C$0.31. 23,500 shares changed hands during trading, a decline of 49% from the average session volume of 45,855 shares. The stock had previously closed at C$0.32.
Aurora Spine Price Performance
The company has a quick ratio of 1.40, a current ratio of 2.40 and a debt-to-equity ratio of 73.68. The stock has a market capitalization of C$16.84 million, a price-to-earnings ratio of -26.56 and a beta of 0.63. The business’s 50 day simple moving average is C$0.42 and its 200-day simple moving average is C$0.37.
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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