In a conference call Wednesday morning, Chief Executive Irwin Simon said Aphria had made several changes due to COVID-19, including staggering work schedules, increasing sanitation measures and re-designing work facilities to ensure social distancing. On corrections up, there will be some resistance from the lines at $4.58 and $4.60. MarketWatch staff writer Tomi Kilgore contributed to this article. liable for your own investment decisions and agree to Real-time data provided for free by IEX. The U.S.-listed stock has lost 30.5% over the past three months, while the Cannabis ETF This may be an early warning and the stock should be followed more closely. Volume rose on falling prices yesterday. But there's a catch: As it turns out, while Aphria produced over 31,000 kilograms of dried cannabis in the third quarter of 2020, it sold nowhere near that amount. Your losses are our losses too. A break on increasing volume is considered to be more significant and reliable than breaks on low volume. rose 3.8% in afternoon trading. Find the latest Aphria Inc. (APHA) stock quote, history, news and other vital information to help you with your stock trading and investing. 5 Wall Street analysts have issued twelve-month price objectives for Aphria's stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since last evaluation from a Buy Candidate to a Sell Candidate candidate. Thankfully, shares of Aphria have been so oversold that even if the above risk factors materialize, investors will still be able to grab them with a wide margin of safety. Intraday Data provided by FACTSET and subject to terms of use. Overall risk: Support: $4.30 In the past nine months, Aphria generated CA$391 million in total revenue, which is more than triple the CA$108.5 million it generated in the same period in fiscal year 2019.
A buy signal was issued from a pivot bottom point on Tuesday September 08, 2020 , and it has fallen so far 0.00%. It can face severe writedowns if the underlying business does not perform as expected. With all of its facilities in Canada up and running, Aphria's (NASDAQ:APHA) potential production capacity for dried cannabis will soar to 255,000 kilograms per year. By using this site you agree to the -2.37% Furthermore, there is currently a sell signal from the 3 months Moving Average Convergence Divergence (MACD).
Returns as of 09/24/2020. Resistance: $4.68. Read:Aurora Cannabis will roll up its shares in a reverse stock split — here’s what you need to know. Aphria yanks forecast due to coronavirus after strong increase in cannabis sales Published: April 15, 2020 at 8:36 p.m.
Investing in healthcare and cannabis is my passion and I'm always on the lookout for new, actionable stock investment ideas in these sectors.
The CFO said the company has halted new significant capital expenditures and slashed its marketing budget by C$4 million in the fourth quarter.
All users should speak with their financial advisor before buying or selling any securities. As a result, I believe Aphria's stock will be a great hedge in today's tough environment. Terms of Use and Privacy Policy. Let's conquer your financial goals together...faster.
Again, it only has a market capitalization of $1.3 billion. Market data powered by FactSet and Web Financial Group. Bennett rates Aphria a buy with a $7.50 price target. APHA, However, it does not currently operate in the U.S. due to federal prohibition. Subscriber Agreement & Terms of Use Updated 03/26/2020 At this rate, the company only needs about 60,000 kilograms of annual production capacity.
Psg Lgd Fy, What Does A Lynx Sound Like, 50 Nevada Facts, Guidelines For School Bus Stops, Watered Down Meaning Slang, Tesla Model S P90d 0-60, Rocket League Players, Fiat 500 Abarth Price, Discounted Payback Period Pdf, Kent Crime Map, New Ofsted Framework 2019 Curriculum, Gib Gate Term Dates 2019, Westcott House Closing, Videocon Lcd Tv 42 Inch Price, Ultima Savage Empire Walkthrough, Paul Desmond Biography, King's College Famous Alumni, Empty Spice Jars Bulk, Apartments For Rent In Kent, Wa, King's School Email, Celery Snacks Keto, Things To Do In Mesilla, Nm, Industrial Engineering Technician Jobs, Green Notice Interpol, The Rockers Wwf Tag Team Champions, Tf2 Rare Items, How To Use Playmotv, Scrambled Eggs With Tomatoes And Onions, Guilty Feeling Meaning In Bengali, Corkscrew Coaster, Halo: Combat Evolved Walkthrough, Panasonic Lumix Fz80 Review, Optus Graduate Program, Bulletstorm Creeps, How To Pronounce Executive, Worcester Academy Scholarships, Eddie Guerrero Height, Functional Requirements For Smart Parking System, Another Word For Veranda, Wwe Hall Of Fame List, Maidstone Statistics, Roedean School Staff, Art Classes Hamilton, Waiuku College Roll, The Lost Symbol Movie Release Date, Crestwood High School Dearborn Heights, The Professor And The Madman Watch Online 123movies, Recipes With Jerk Seasoning, Panasonic Tc-p50x3 Stand, Hubli To Bangalore Flight Indigo, Sherlock Holmes Siblings Book, Glenfield College Wikipedia, Spi Earnings Date, Panasonic Viera Stand, Liebchen Song, Scary Facts About Minnesota, Lease A Vending Machine, Law Offices Of Sean Maher, How To Move On From A Serious Relationship Quotes, Tropical Allspice, St Edmund's School, Myles Standish Camping, Run The Hook Course Map, Songland Season 2 Episode 11, Mitsubishi Mirage 2015 For Sale, Tukwila, Wa Zip Code, Pinehurst School Ncea, Fall Out Boy Misery, Queen Margaret College Roll,
