Aphria Inc (OTCQB:APHQF) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on July 28, gaining 2.05% to close the day at $5.2299 after opening the trading day at $5.16. Today’s rise came with about 137,717 shares changing hands, compared to an average of 30-day volume of 180,323 for Aphria Inc. Shares moved as high at $5.2665 and as low as $5.0768 in today’s action.
The share appreciation gives the company a market capitalization of $711.45 million based upon 138.82 million shares outstanding.
In the past 52 weeks, shares of Aphria Inc have traded as low as $1.6762 and as high as $6.6. Technical traders will take note that at $5.2299, shares of APHQF are trading above their 50-day moving average (MA) at $4.257 and above their 200-day MA at $4.216. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move above them is typically regarded as bullish.
Who is Aphria Inc?
Aphria Inc is engaged in the business of producing and selling medical marijuana. The company is working from its headquarters in Leamington, ON.
For more information on Aphria Inc and other companies focused on the expanding legal cannabis and medical marijuana industries or to considered for contributing content, visit PotNetwork.com today.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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