Aphria (APH) Trading Down 4.7%
Aphria Inc (TSE:APH)’s share price was down 4.7% during mid-day trading on Wednesday . The stock traded as low as C$15.83 and last traded at C$15.85. Approximately 5,896,051 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 6,429,708 shares. The stock had previously closed at C$16.64.
Several equities analysts have issued reports on APH shares. Canaccord Genuity upped their price objective on shares of Aphria from C$23.50 to C$26.50 in a research note on Tuesday, January 30th. Pi Financial upped their price objective on shares of Aphria from C$14.00 to C$25.00 in a research note on Thursday, January 11th.
The firm has a market cap of $2,620.00, a P/E ratio of 95.88 and a beta of -0.68.
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Aphria Inc produces, supplies, and sells medical cannabis in Canada. The company offers sativa, indica, and hybrid medical marijuana products, as well as cannabis oils. It also provides support services in the form of medical consultations, group therapies, and rehabilitation to veteran and first responders.
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