Avicanna Inc.
Avicanna Inc. (AVCN.TO) Stock Overview
Explore Avicanna Inc.’s financial performance, market position, analyst ratings, and future outlook.
Key Financials
Key Financials
Market Cap
26.8M
P/E Ratio
-7.23
EPS (TTM)
$-0.03
ROE
-3.82%
AVCN.TO Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of Avicanna Inc. (AVCN.TO) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
The current technical analysis reveals key indicators including an RSI of 40.69, suggesting the stock is in a neutral condition. Our forecasting models predict significant price movements, with a 12-month target of $0.28.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of -7.23 and a market capitalization of 26.8M. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Technical Indicators
Company Profile
Avicanna Inc., a commercial-stage biopharmaceutical company, engages in the research and development of evidence-based products for consumer medical and pharmaceutical segments worldwide. The company collaborates with Canadian academic and medical institutions. Its scientific platform includes research and development, and clinical development that leads to the commercialization of approximately twenty products across four main market segments. The company provides medical and wellness products containing cannabidiol, cannabigerol, and tetrahydrocannabinol under the RHO Phyto brand; functional CBD consumer derma-cosmetic and topical products under the Pura H&W and Pura Earth brand names; and cannabis dried flowers, standardized seeds, full spectrum extracts, cannabinoid distillates, isolated cannabinoids, and bulk formulations derived from hemp and cannabis cultivars under the Aureus brand. It also develops pharmaceutical products for epidermolysis bullosa, dermatology, chronic pain, and various neurological disorders. The company has research collaboration with Dr. Christine Allen'sResearch Group for the development of a cannabinoid-based treatment for lung inflammation associated with COVID19. Avicanna Inc. was incorporated in 2016 and is headquartered in Toronto, Canada.
Aras Azadian B.Econ, Mba
87
480 University Avenue, Toronto, ON
2019