However, with the investigation coming up with nothing, and Aphria actually producing a profit, things have certainly changed.
It serves patients and consumers through distributors and online. Investors also watch the number of corporate investors in a company very closely, which is 219 institutions for Aphria Inc. that are currently holding shares of the company. I agree to the Privacy and Cookies Policy, finder.com Terms of Use and to receive emails from Finder. A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Aphria. It can be calculated using a number of techniques. Other than that, 2019 was a forgettable year for Ontario-based Aphria.
Those reasons should keep longer-term investors from buying Aphria stock for the time being. © 2020 Benzinga.com. Unfortunately, Aphria has been stuck in a pattern of making a series of lower highs dating all the way back to its initial U.S. listing in 2018.
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders. Fifth, the company’s balance sheet doesn’t have much firepower or protection. Ahead of that print, Aphria stock price has plunged more than 30% since its last earnings report and APHA stock trades at fresh 2019 lows – while the S&P 500 is making record highs.
Here's How Much Investing ,000 In The 2018 Aphria Listing Would Be Worth Today.
Find out more about how you can short Aphria stock. Currently 2.836% of Aphria shares are held by insiders and 14.421% by institutions. Fourth, the optics have been bad for Aphria stock. The company is headquartered in Leamington, Canada. Aug. 26, 2020 at 5:45 p.m. In fact, the SPDR S&P 500 (NYSE: SPY) total return since Nov. 2, 2018 is roughly 14.6%. Vanguard Group, Inc. (The) is the top institutional holder at APHA for having 6.98 Million shares of worth $29.93 Million. Article printed from InvestorPlace Media, https://investorplace.com/2019/07/is-aphria-stock-worth-buying-ahead-of-earnings/. Canopy Growth Corp. (TSX:WEED)(NYSE:CGC) has been dubbed the largest producer of cannabis in the world, and it likely still is. finder.com is a financial comparison and information service, not a bank or Though not selling at peak prices, given the economic climate, Aphria looks to be on a promising path in the future. Latest data suggests 1,200 work at Aphria. That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). We are not investment advisers, so do your own due diligence to understand the risks before you invest.