STOCKS TO WATCH TODAY: The price of Aphria Inc. (NYSE:APHA) went up by $0.48 now trading at $7.22. Their shares witnessed a 92.53% increase from the 52-week low price of $3.75 they recorded on 2018-12-06. Even though it is still -133.52% behind the $16.86 high touched on 2018-09-12. The last few days have been good for the stock, as its price has grew by 4.03% during the week. It has also performed poorly over the past three months, as it lost around -23.44% while it has so far retreated around -19.06% during the course of a year. The stock of APHA recorded 26.89% uptrend from the beginning of this year till date. The 12-month potential price target for Aphria Inc. is set at $0. This target means that the stock has an upside potential to increase by -100% from the current trading price.
92 institutions entered new Aphria Inc. (NYSE:APHA) positions, 115 added to their existing positions in these shares, 22 lowered their positions, and 17 exited their positions entirely.
Aphria Inc. (APHA) trade volume has increased by 20.96% as around 5,733,528 shares were sold when compared with its 50-day average volume of traded shares which is 4,740,144. At the moment, APHA is witnessing a downtrend, as it is trading -6.93% below its 20-day SMA, -19.84% below its 50-day SMA, and -25.34% below its 200-day SMA. The company runs an ROE of roughly 0%, with financial analysts predicting that their earnings per share growth will be around 0% per annum for the next five year. This will be compared to the 0% decrease witnessed over the past five years.
The first technical resistance point for Aphria Inc. (NYSE:APHA) will likely come at $7.38, marking a 2.17% premium to the current level. The second resistance point is at $7.54, about 4.24% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $6.58, the lower end of the range. APHA’s 14-day MACD is -0.31 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 39.45, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 77.46 percent, which is high when compared to that of the 50-day’s 61.06 percent.