Shares of Aphria Inc. (TSE:APHA – Get Free Report) dropped 5.6% during trading on Tuesday . 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 Price Performance
The company has a current ratio of 3.37, a quick ratio of 1.63 and a debt-to-equity ratio of 59.29. The business’s fifty day simple moving average is C$16.55. The company has a market cap of C$5.24 billion and a price-to-earnings 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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