Yahoo Finance Today's Research Reports on Trending Tickers: Aurora Cannabis and Aphria
NEW YORK, NY / ACCESSWIRE / August 16, 2018 / U.S. markets retreated on Wednesday as ongoing trade concerns and the currency crisis in Turkey continued to take center stage. The Dow Jones Industrial Average dropped 0.54 percent to close at 25,162.41, while the S&P 500 Index have fallen 0.76 percent to close at 2,818.37. The Nasdaq Composite Index shed 1.23 percent to close at 7,774.12.
"Really, everything today has been playing on the idea of the trade tensions and Turkey. Obviously crude is down today because U.S. stockpiles rose over the last week to their highest level since March 2017," said chief market strategist at RiverFront Investment Group, Kevin Nicholson.
RDI Initiates Coverage on:
Aurora Cannabis Inc.
https://rdinvesting.com/news/?ticker=ACBFF
Aphria Inc.
https://rdinvesting.com/news/?ticker=APHQF
Aurora Cannabis' stock jumped 18.92% Wednesday, to close the day at $4.88. The stock recorded a trading volume of 5,238,094 shares, which was above its three months average volume of 1,883,968 shares. In the last year, Aurora Cannabis' shares have traded in a range of 1.90 - 12.30. The share price has gained 156.61% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $5.89 is below its 200-day moving average of $6.96. Shares of Aurora Cannabis have fallen roughly 25.77 percent in the past month and are down 36.09 percent year-to-date.
Access RDI's Aurora Cannabis Inc. Research Report at:
https://rdinvesting.com/news/?ticker=ACBFF
On Wednesday, shares of Aphria recorded a trading volume of 1,785,534 shares, which was above the three months average volume of 803,929 shares. The stock ended the day 19.88% higher at $8.02. The share price has fallen 59.64% from its 52-week high with a 52-week trading range of 4.55 - 19.87. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $8.40 is below its 200-day moving average of $9.49. Shares of the company are trading at a Price to Earnings ratio of 51.74. Shares of Aphria have fallen roughly 10.39 percent in the past month and are down 45.63 percent year-to-date.
Access RDI's Aphria Inc. Research Report at:
https://rdinvesting.com/news/?ticker=APHQF
Our Actionable Research on Aurora Cannabis Inc. (OTCQX:ACBFF) and Aphria Inc. (OTCQB:APHQF) can be downloaded free of charge at Research Driven Investing.
Research Driven Investing
We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.
RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.
Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.
CONTACT
For any questions, inquiries, or comments reach out to us directly at:
Address:
Email:
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: RDInvesting.com
