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Avicanna TSX:AVCN Stock Report

Last Price

CA$0.37

Market Cap

CA$36.9m

7D

-11.9%

1Y

-7.5%

Updated

15 Apr, 2024

Data

Company Financials

AVCN Stock Overview

Avicanna Inc., a commercial-stage biopharmaceutical company, engages in the research and development of evidence-based products for consumer medical and pharmaceutical segments worldwide.

AVCN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Avicanna Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Avicanna
Historical stock prices
Current Share PriceCA$0.37
52 Week HighCA$0.60
52 Week LowCA$0.23
Beta1.53
1 Month Change-28.85%
3 Month Change8.82%
1 Year Change-7.50%
3 Year Change-64.42%
5 Year Changen/a
Change since IPO-94.06%

Recent News & Updates

Shareholders Should Be Pleased With Avicanna Inc.'s (TSE:AVCN) Price

Apr 05
Shareholders Should Be Pleased With Avicanna Inc.'s (TSE:AVCN) Price

Recent updates

Shareholders Should Be Pleased With Avicanna Inc.'s (TSE:AVCN) Price

Apr 05
Shareholders Should Be Pleased With Avicanna Inc.'s (TSE:AVCN) Price

Here's Why Avicanna (TSE:AVCN) Can Afford Some Debt

Apr 18
Here's Why Avicanna (TSE:AVCN) Can Afford Some Debt

Shareholder Returns

AVCNCA PharmaceuticalsCA Market
7D-11.9%-8.9%-1.5%
1Y-7.5%49.0%4.7%

Return vs Industry: AVCN underperformed the Canadian Pharmaceuticals industry which returned 49% over the past year.

Return vs Market: AVCN underperformed the Canadian Market which returned 4.7% over the past year.

Price Volatility

Is AVCN's price volatile compared to industry and market?
AVCN volatility
AVCN Average Weekly Movement11.7%
Pharmaceuticals Industry Average Movement14.3%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.1%

Stable Share Price: AVCN's share price has been volatile over the past 3 months.

Volatility Over Time: AVCN's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201687Aras Azadianwww.avicanna.com

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.

Avicanna Inc. Fundamentals Summary

How do Avicanna's earnings and revenue compare to its market cap?
AVCN fundamental statistics
Market capCA$36.92m
Earnings (TTM)-CA$8.74m
Revenue (TTM)CA$16.79m

2.0x

P/S Ratio

-3.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AVCN income statement (TTM)
RevenueCA$16.79m
Cost of RevenueCA$10.13m
Gross ProfitCA$6.66m
Other ExpensesCA$15.40m
Earnings-CA$8.74m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.095
Gross Margin39.66%
Net Profit Margin-52.07%
Debt/Equity Ratio19.5%

How did AVCN perform over the long term?

See historical performance and comparison
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