Aphria Inc. (TSE:APHA – Get Free Report)’s stock price dropped 5.6% during mid-day trading on Monday . The company traded as low as C$16.41 and last traded at C$16.55. Approximately 9,609,357 shares changed hands during mid-day trading, an increase of 56% from the average daily volume of 6,161,365 shares. The stock had previously closed at C$17.53.
Aphria Stock Down 5.6 %
The stock has a 50-day simple moving average of C$16.55. The company has a debt-to-equity ratio of 59.29, a current ratio of 3.37 and a quick ratio of 1.63. The firm has a market capitalization of C$5.24 billion and a PE ratio of -8.23.
About Aphria
Aphria Inc cultivates, processes, produces, markets, distributes, and sells medical cannabis in Canada and internationally. The company offers pharmaceutical-grade medical cannabis, adult-use cannabis, and cannabis-derived extracts and derivative cannabis products under the Solei, RIFF, Good Supply, Aphria, P'tite Pof, and Broken Coast brands.
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