NASDAQ Composite opens in less than two hours and Aphria’s pre-market value is already 2.58% up.
The last session, NASDAQ Composite finished with Aphria jumping 2.56% to $12.42. NASDAQ Composite dropped 0.87% to $12,998.50, after two consecutive sessions in a row of losses, on what was a somewhat negative trend trading session.
Aphria’s last close was $12.11, 12.80% under its 52-week high of $14.01.
News about Aphria today
Aphria stock price target raised to c$15.50 by stifel but analysts caution on stretched valuation. According to today’s article on MarketWatch, "Shares of Canadian cannabis company Aphria Inc. rose 4.4% in premarket trade Tuesday, after Stifel raised its stock price target to C$15.50 ($12.18) from C$9.80, and has fallen 1% — following earnings and adding to postelection strength. ", "But we believe the robust valuation (11X EV/FY22E net cannabis revenue) serves as an impediment for material outperformance with the stock likely to remain volatile." Aphria shares have gained 136% in the last 12 months, while the Cannabis ETF has gained 29%."
Aphria’s last day, last week, and last month’s average volatility was 21.10%, 7.34%, and 2.18%, respectively.
Aphria’s last day, last week, and last month’s high and low average amplitude percentage was 15.12%, 8.99%, and 6.86%, respectively.