The stock of Aphria Inc (CVE:APH) is a huge mover today! About 2.75 million shares traded hands. Aphria Inc (CVE:APH) has risen 6.00% since October 18, 2016 and is uptrending. It has outperformed by 1.38% the S&P500.
The move comes after 7 months positive chart setup for the $648.76 million company. It was reported on Nov, 17 by Barchart.com. We have $7.48 PT which if reached, will make CVE:APH worth $168.68 million more.
More recent Aphria Inc (CVE:APH) news were published by: Seekingalpha.com which released: “Aphria: Its Low Cost Production Could Give It High Returns” on November 12, 2016. Also Investorideas.com published the news titled: “Medical #Cannabis News: Aphria Inc. (TSX VENTURE: $APH) (OTCQB: $APHQF …” on November 11, 2016. Seekingalpha.com‘s news article titled: “The Most Compelling Marijuana Investment: Aphria” with publication date: June 01, 2016 was also an interesting one.
Aphria Inc., formerly Black Sparrow Capital Corp., is a Canada company, which is engaged in producing and selling medical marijuana through retail sales and wholesale channels. The company has a market cap of $648.76 million. The Company’s retail sales are primarily sold through the Company’s online store, as well as telephone orders. It has a 245.76 P/E ratio. The Company’s wholesale shipments are sold to other Medical Purposes Regulations Licensed Producers.
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